# GO Electrical Wholesalers Limited (08483316)

> Why UK company 08483316 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/08483316

- **Status:** Administration ended
- **Administration began:** 2014-11-14
- **Incorporated:** 2013-04-11
- **Location:** Manchester
- **Industry:** 47540 Retail sale of electrical household appliances in specialised stores

## Why it went into administration

- Funding withdrawn / unable to refinance
- HMRC / tax arrears
- Bad debts / customer insolvency
- Competition / price pressure

## From the administrators' statement

The Company was incorporated on 11 April 2013 by Mark Millington (“the Director’) The Company began to trade in August 2013 following a demerger from Electric Light & Power Store Ltd (“ELP”)

The Director had a wealth of experience within the industry and continued to trade from three sites, Earley, Didcot and Dagenham

An existing chent base ensured immediate continuity of trade However, the demerger from ELP cost more than anticipated and left the Company exposed to historic liabilities

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/08483316/filing-history/MzExMzAzNTQyMWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/08483316

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