# Hein Gericke Motorcycle Equipment UK Limited (08196593)

> Why UK company 08196593 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/08196593

- **Status:** Administration ended
- **Administration began:** 2013-12-16
- **Administrators' firm:** Kroll
- **Incorporated:** 2012-08-30
- **Location:** London
- **Industry:** 47789 Other retail sale of new goods in specialised stores (not commercial art galleries and opticians)

## Why it went into administration

- Weak consumer demand
- Cash flow / liquidity pressure

## From the administrators' statement

The acquisition of the business of HG UK tn July 2012 included the assignment of certain of HG UK’s leasehold interests across the UK, for a total consideration of £615,000 At the Appointment Date, the Company was operating from 16 leasehold premises

During the year ended 30 September 2013, the Company made a loss of £32,185 on a reported turnover of £4,429,520

According to the Directors, the losses incurred by the Company and the resulting cashflow | problems can be attributed to the following

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/08196593/filing-history/MzA5MzUyNjQxOGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/08196593

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