# First Stop Wholesale Limited (07198583)

> Why UK company 07198583 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/07198583

- **Status:** Administration ended
- **Administration began:** 2015-02-27
- **Incorporated:** 2010-03-22
- **Location:** London
- **Industry:** 46390 Non-specialised wholesale of food, beverages and tobacco

## Why it went into administration

- HMRC / tax arrears
- Competition / price pressure
- Creditor pressure / legal action

## From the administrators' statement

First Stop Wholesale Limited (heremafter referred to as “the Company”) was mcorporated on 22 March 2010 by directors, Raymder Bains and Tayinder Singh The Company commenced trading 1n June 2010. The Company was initially funded by £90,000 injected by the two directors

The Company’s principal trading activity was as wholesalers of soft drinks, confectionary, alcohol and tobacco from leased premises at Unit 15 Cousins Street, Wolverhampton, West Midlands, WV2 3DG

Mr Singh had previously been a sole trader for almost fifteen years, specialising in beers, wines and spirits, Mr Bains had previous experience in wholesaling

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/07198583/filing-history/MzEyMjMzNTg2MGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/07198583

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