MIO Casa Ltd (07689415): administration
- Status
- Administration ended
- Administration began
- 2012-03-05
- Administrators
- Michael Chamberlain
- Administrators' firm
- Risk Capital Partners
- Incorporated
- 2011-07-01
- Location
- Leeds
Why it went into administration
- Cash flow / liquidity pressure
From the administrators' statement
The Company was incorporated on 1 July 2011 by Andrew Ball (“AB”) as a manufacturer of cushions and kitchenware AB was 100% shareholder and a director. Shafiq Rehman (“SR”) was also appointed as a director
The Company purchased the assets of Kouchin1 Co-ordinates Limited — In Liquidation (“Kouchin1”) for £11,000 plus VAT, some were bought in July 2011 and some in September 2011. Kouchim had traded from Unit 2B, Waddington Way, Rotherham, S65 3SH. The assets and certain staff were relocated to Unit 18/19 Waddington Way, Rotherham, S65 3SH.
The Company had approximately 6 regular customers and the Company’s book debts were factored with Yorkshire Bank Invoice Finance (“YBIF”). The Company had a good relationship with all its customers due to the quality of its manufacturing.
Administrators' statement of proposals (2012-05-03) · Companies House register