# JWT Commercial Ltd (07803885)

> Why UK company 07803885 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/07803885

- **Status:** Administration ended
- **Administration began:** 2021-01-06
- **Administrators:** Philip Joseph Dakin, Janet Burt
- **Administrators' firm:** Kroll
- **Incorporated:** 2011-10-10
- **Location:** Manchester
- **Industry:** 49410 Freight transport by road

## Why it went into administration

- Loss of a key customer, supplier or contract
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Bad debts / customer insolvency
- Sustained trading losses
- Management failings / irregularities
- Competition / price pressure

## From the administrators' statement

As you will be all too aware, 2020 was a very challenging year for a vast majority of businesses. With regard to JWT, the loss of a major customer in June 2020 had a significant impact on turnover and trading performance.

Additionally, the Company saw reductions to customer credit limits by the insurer market, as a result of the ongoing challenges in the business environment, and this also had an impact on the Company’s ability to trade.

An increase in creditor pressure heightened the Company's financial difficulties, resulting in the position whereby the Company was unable to trade in its current guise.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/07803885/filing-history/MzI5MzAyMzIxOWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/07803885

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