# Studio TRI Limited (07689042)

> Why UK company 07689042 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/07689042

- **Status:** Administration ended
- **Administration began:** 2021-12-23
- **Administrators' firm:** Leonard Curtis
- **Incorporated:** 2011-06-30
- **Location:** Cardiff
- **Industry:** 73120 Media representation services

## Why it went into administration

- COVID-19
- Cash flow / liquidity pressure
- HMRC / tax arrears
- Sustained trading losses

## From the administrators' statement

The Company was incorporated on 30 June 2011 and operated as a contemporary advertising agency offering services such as PR, branding, creative production, social media management and analytics.

Trading from centrally located leasehold premises in Cardiff, South Wales, the Company established a prominent reputation and undertook work for a number of high profile clients in sectors such as retail, travel and entertainment, consumer finance and food and drink

The Company had been historically profitable, although suffered a trading loss of £212k for the financial year ending June 2019 due to significant increases in respect of the Company's operating costs.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/07689042/filing-history/MzMyODA3NzM3NGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/07689042

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