# Velo Bici Ltd (07296602)

> Why UK company 07296602 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/07296602

- **Status:** In administration
- **Administration began:** 2025-10-08
- **Administrators:** Paul Ellison, David Ronald Taylor
- **Administrators' firm:** KRE Corporate Recovery
- **Incorporated:** 2010-06-28
- **Location:** Reading
- **Industry:** 47710 Retail sale of clothing in specialised stores

## Why it went into administration

- COVID-19
- Rising costs / inflation
- Brexit
- Supply chain disruption
- Sustained trading losses
- Competition / price pressure

## From the administrators' statement

The following has been prepared by the Directors of the Company and has not been audited or verified by either KRE Corporate Recovery Limited, the Joint Administrators or their staff. 2.1

2.2

2.3

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/07296602/filing-history/MzQ5MDg0MzExN2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/07296602

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