Solab Group Limited (08031272): administration and why it failed

Solab Group Limited (08031272): administration

Status: Administration ended
Administration began: 2019-06-04
Administrators' firm: The MacDonald Partnership
Formerly: Hampshire Cosmetics Limited; Yorkshire Cosmetics Limited; Crossco (1285) Limited
Incorporated: 2012-04-16
Location: London
Industry: 20420 Manufacture of perfumes and toilet preparations

Why it went into administration

HMRC / tax arrears
Rising costs / inflation
Funding withdrawn / unable to refinance
Brexit

From the administrators' statement

2.1.1.

2.1.2.

2.1.8.

Administrators' statement of proposals (2019-07-03) · Companies House register

Dig into any UK company's accounts

Search a company to fetch every set of accounts it has filed at Companies House, from incorporation to the latest filing. Tagged (iXBRL) accounts are read directly. Older scanned PDF accounts are read with OCR (optical character recognition).

Profit & loss: revenue, margins and profit, year by year
Balance sheet: assets, liabilities, working capital and net assets
Cash flow: operating, investing and financing flows and free cash flow
Groups: consolidated figures are used when a group files group accounts

Solab Group Limited (08031272): administration

Why it went into administration

From the administrators' statement

Processing now

Recently viewed & analysed

Solab Group Limited (08031272)