# Nationwide Decorators Limited (07173955)

> Why UK company 07173955 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/07173955

- **Status:** Administration ended
- **Administration began:** 2017-01-20
- **Incorporated:** 2010-03-02
- **Location:** Manchester
- **Industry:** 43341 Painting

## Why it went into administration

- HMRC / tax arrears
- Cash flow / liquidity pressure
- Creditor pressure / legal action

## From the administrators' statement

The Company commenced trading in March 2010. Since commencement, the Company has largely traded profitably. At its last financial year end (31 October 2015 (Unaudited)), the Company reported a modest Profit Before Taxation of £61,702

Over the last several months, the Company has encountered trading difficulties due to the loss of its Quantity Surveyor which resulted in a loss of orders Additionally, the Company's books and records were not maintained correctly which resulted in a significant liability with HMRC not being identified.

The Company fell behind with payment of their VAT for several quarters between March 2015 and June 2016 and interest and surcharges were applied in respect of PAYE/NIC and CIS liabilities for underpayment

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/07173955/filing-history/MzE3MTYwNzk5OGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/07173955

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