Drays Wholesale Limited (07919982): administration and why it failed

Drays Wholesale Limited (07919982): administration

Status: Administration ended
Administration began: 2022-06-16
Administrators: Louise Williams, Timothy John Edward Dolder
Administrators' firm: Opus Restructuring
Formerly: Drays (Rugby) Limited
Incorporated: 2012-01-23
Location: Milton Keynes
Industry: 46900 Non-specialised wholesale trade

From the administrators' statement

3.1 The Company was unable to meet ongoing trading costs, fixed overheads and start repaying the CBILS Loan in May 2022. When the Company first contacted the Joint Administrators in March 2022, the Company appeared solvent. However, with the

3.2

3.3

Administrators' statement of proposals (2022-11-03) · Companies House register

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Drays Wholesale Limited (07919982): administration

From the administrators' statement

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Drays Wholesale Limited (07919982)