# Grangeway Capital Limited (07602161)

> Why UK company 07602161 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/07602161

- **Status:** Administration ended
- **Administration began:** 2013-04-25
- **Administrators' firm:** Begbies Traynor
- **Incorporated:** 2011-04-13
- **Location:** Stoke on Trent
- **Industry:** 47240 Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores

## Why it went into administration

- Cash flow / liquidity pressure
- Creditor pressure / legal action

## From the administrators' statement

The Administrators’ statement of proposals for achieving the purpose of the administration which will be sent to creditors in due course will provide detailed information in relation to the Company However, to assist creditors who may have a limited understanding of the Company and its affairs to better understand the reasons for the pre-packaged sale, we have provided certain background information at this stage

The Company operated as a sweet retailer supplying sweets to the general public through the three stores that it operated in Essex, Cardiff and Bristol and also through its website St now employs a total of 22 members of staff across the three stores and the admmistration team The Company has always been funded by the director personally and it has never had any borrowings

The reasons for the Company’s insolvency

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/07602161/filing-history/MzA4MDE5MTkwOWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/07602161

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