# One-Chem Limited (07113876)

> Why UK company 07113876 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/07113876

- **Status:** Administration ended
- **Administration began:** 2011-07-28
- **Administrators:** Patrick B Ellward, Dilip K Dattani
- **Administrators' firm:** RSM
- **Formerly:** Onechem Limited
- **Incorporated:** 2009-12-30
- **Location:** Leicester
- **Industry:** 2451

## From the administrators' statement

One-Chem Limited (“OC”) was created in 2009 in order to develop a new product and brand As thts was funded by Flush - It Limited (“FI’) the sister company, the Directors considered that the Intellectual Property was owned by Fl OC sold a range of chemical products for caravan toilets to a range of retailers But due to the start up costs incurred by the Company, they were not able to trade profitably

A summary of the Company's recent balance sheet ts shown below

Management Accounts As at 9 May 2011 £000 Trade Debtors Cash 35,995 LTCF (33,041) Trade Creditors (149,164) Other tax and social security (12,132) VAT (1,965) Directors Loans (132,294) Loan Shareholder (68,000) Total Creditors (386,586) Net Assets (350,591) Share Capital 100 Reserves (350,691) (350,591)

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/07113876/filing-history/MzA0NDA4MjE0MmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/07113876

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