# Wrapchic Limited (07619327)

> Why UK company 07619327 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/07619327

- **Status:** Administration ended
- **Administration began:** 2019-07-26
- **Administrators' firm:** Insolvency Practitioners of Parker Andrews
- **Incorporated:** 2011-05-03
- **Location:** Norwich
- **Industry:** 56101 Licenced restaurants

## Why it went into administration

- Property / lease costs

## From the administrators' statement

2.10 Rishi Karia was initially contacted on 29 May 2019 by the Company’s director Mahesh Raikar.

2.41 As detailed in Section 2 of this Statement of Administrator's proposal, the Company was facing a number of issues that ultimately lead to the decision by the director to seek insolvency advice in relation to the position of the Company.

2.12 The decision was reached that the appointment of an Administrator was necessary due to the following reasons:

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/07619327/filing-history/MzI0NDczMjY5MmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/07619327

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