# Mark Priestley SDT Limited (07091138)

> Why UK company 07091138 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/07091138

- **Status:** Administration ended
- **Administration began:** 2019-02-22
- **Administrators:** Daniel Plant, Simon Franklin Plant
- **Administrators' firm:** SFP Restructuring
- **Incorporated:** 2009-11-30
- **Location:** London
- **Industry:** 49410 Freight transport by road

## Why it went into administration

- HMRC / tax arrears
- Creditor pressure / legal action

## From the administrators' statement

3.9. itis understood that the Company would process its billing by producing invoices which requested payment for various jobs completed, as opposed to producing individual invoices for each job. However, in 2018, a large customer requested that the Company changed the way it billed them. The customer requested individual invoices for each job regardless of the value.

3.10. This resulted in the Company sending the customer approximately 7,000 invoices in the first month as opposed to the 35 invoices that it would have previously sent.

3.11. As a result, the customer's system could not cope with the volume of invoices, This resulted in payment issues, queries and delays which affected the Company's cash flow position and impacted on payments to trade suppliers.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/07091138/filing-history/MzIzMzQ1Njg5NGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/07091138

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