# Primelevel Limited (07061754)

> Why UK company 07061754 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/07061754

- **Status:** Administration ended
- **Administration began:** 2011-06-09
- **Incorporated:** 2009-10-30
- **Location:** London
- **Industry:** 7487

## Why it went into administration

- Cash flow / liquidity pressure
- Property / lease costs
- Sustained trading losses

## From the administrators' statement

The Company was incorporated on 30 October 2009 by the previous director, Donald Clifford Wing. The Company commenced trading with immediate effect.

The Company’s primary business was the operation of a nightclub, Raffles, at 287 Kings Road, Chelsea, London. The business was open from Wednesday through to Saturday and traded between the hours of 10:00pm and 4.00am. Raffles is a membership club which also catered for private functions and employed 18 staff. The Company’s average turnover was circa £45,000 per week.

The current directors, Sachin Khanna and Khalid Viram, were appointed on 21 April 2011 under a Shareholder’s Agreement.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/07061754/filing-history/MzA0MTk3NTE4NGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/07061754

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.