Suregreen Limited (08563588): administration
- Status
- Administration ended
- Administration began
- 2023-08-24
- Administrators
- Thomas William Gardiner, Lee De'Ath, Kirstie Jane Provan
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2013-06-10
- Location
- Colchester
- Industry
- 47910 Retail sale via mail order houses or via Internet
Why it went into administration
- HMRC / tax arrears
- Sustained trading losses
- COVID-19
- Rising costs / inflation
- Energy costs
- Creditor pressure / legal action
From the administrators' statement
As detailed in the administrators SIP 16 statement the Company began to experience financial difficulties as a consequence of,
« a downturn in sales post pandemic as a result of changes in consumer behaviour, a contracting market and increased entrants in the online market
* an increase in importation costs immediately post pandemic
Administrators' statement of proposals (2023-09-30) · Companies House register