Steal A Deal Limited (07901028): administration and why it failed

Steal A Deal Limited (07901028): administration

Status: Administration ended
Administration began: 2019-06-03
Administrators: Katy Mcandrew, Andrew Poxon
Administrators' firm: Leonard Curtis
Incorporated: 2012-01-09
Location: Manchester
Industry: 47990 Other retail sale not in stores, stalls or markets

Why it went into administration

HMRC / tax arrears
Creditor pressure / legal action
Cash flow / liquidity pressure
Rising costs / inflation
Sustained trading losses

From the administrators' statement

The Company was incorporated on 9 January 2012 and began trading shortly afterwards. The current sole Director is Yehuda Schauder and the Shareholders are Yehuda Schauder and Aurelie Fhima.

3.2

3.3

Administrators' statement of proposals (2019-08-01) · Companies House register

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Steal A Deal Limited (07901028): administration

Why it went into administration

From the administrators' statement

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Steal A Deal Limited (07901028)