Crossfit Tyneside Ltd (08240701): administration and why it failed

Crossfit Tyneside Ltd (08240701): administration

Status: Administration ended
Administration began: 2017-05-05
Administrators' firm: RSM
Incorporated: 2012-10-04
Location: Newcastle upon Tyne
Industry: 85510 Sports and recreation education

Why it went into administration

Funding withdrawn / unable to refinance
Competition / price pressure

From the administrators' statement

Relevant extracts from the Company's audited financial statements and management accounts are

summarised below.

Turnover

Administrators' statement of proposals (2017-07-16) · Companies House register

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Crossfit Tyneside Ltd (08240701): administration

Why it went into administration

From the administrators' statement

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Crossfit Tyneside Ltd (08240701)