Re:Creation Limited (07683340): administration and why it failed

Re:Creation Limited (07683340): administration

Status: Administration ended
Administration began: 2019-12-06
Administrators: Neil David Gostelow, William James Wright
Administrators' firm: KPMG
Incorporated: 2011-06-27
Location: London
Industry: 46900 Non-specialised wholesale trade

Why it went into administration

Funding withdrawn / unable to refinance
Cash flow / liquidity pressure
Loss of a key customer, supplier or contract
Sustained trading losses
Competition / price pressure

From the administrators' statement

Re:creation Limited in Administration (the “Company”)

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Mightymast Leisure Limited (“MML”)

Administrators' statement of proposals (2020-02-04) · Companies House register

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Re:Creation Limited (07683340): administration

Why it went into administration

From the administrators' statement

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Re:Creation Limited (07683340)