# Sahar Fine Art Limited (07904963)

> Why UK company 07904963 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/07904963

- **Status:** Administration ended
- **Administration began:** 2012-08-03
- **Administrators:** Kevin Lucas
- **Administrators' firm:** Aua Insolvency Risk Services
- **Incorporated:** 2012-01-10
- **Location:** Altrincham

## Why it went into administration

- Cash flow / liquidity pressure

## From the administrators' statement

Sahar Fine Art Limited was incorporated on 10 January 2012 as a vehicle to sell items of fine art, via a website and at various art exhibitions

The Directors believed that there was an opportunity to market art via the internet, giving collectors much greater access to a variety of art and saw a gap In the market

The business was funded by a debenture provided by Michael Jones, who provided the funds required to purchase the items of fine art

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/07904963/filing-history/MzA2NTI3MzM4MGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/07904963

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