# Severndale U.K. Limited (07724518)

> Why UK company 07724518 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/07724518

- **Status:** Administration ended
- **Administration began:** 2012-03-05
- **Incorporated:** 2011-08-01
- **Location:** Worcester

## Why it went into administration

- Funding withdrawn / unable to refinance
- Property / lease costs

## From the administrators' statement

A brief history of the Company, together with details of the circumstances giving rise to the appointment of an Administrator, as proposed by the Directors 1s set out below.

Severndale U.K. Limited was incorporated as a Limited Liability Company on 1 August 2011.

The Company commenced trading on 22 September 2011 after entering into a Sale and Purchase Agreement for the purchase of a business known as Severndale Motor Factors from a company called Severndale Motor Factors Limited.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/07724518/filing-history/MzA1NzE4MjkwMGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/07724518

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