Flagship Resources Limited (07122632): administration
- Status
- Administration ended
- Administration began
- 2011-09-19
- Administrators
- Andrew Fender
- Administrators' firm
- Sanderlings Business Services
- Incorporated
- 2010-01-12
- Location
- London
- Industry
- 9305
Why it went into administration
- Cash flow / liquidity pressure
From the administrators' statement
The company was incorporated in January 2010 The company traded in the supply of
temporary factory staff The company had a factoring agreement with Peak Cashflow Limited.
however despite his, it appeared from my initial enquiries that the company had been Compulsory Liquidations undercapitalised from the outset and was ‘over trading’. in that employees, being the mayor cost
Administrators' statement of proposals (2011-10-26) · Companies House register