Cre-8Tive Health Limited (08603101): administration
- Status
- Administration ended
- Administration began
- 2015-11-27
- Administrators
- Julie Anne Palmer, Sally Richards
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2013-07-09
- Location
- Salisbury
- Industry
- 21100 Manufacture of basic pharmaceutical products
Why it went into administration
- Cash flow / liquidity pressure
- Creditor pressure / legal action
From the administrators' statement
The Company was incorporated on 9 July 2013 and operated from leasehold premises in Swindon, Wiltshire Whilst the Company struggled to turn a profit during its time trading, it managed to bulld a strong client base within its industry Cre-8tive Health produced its own range of nutritional dnnks and shakes for the active health and sports market
The Company generated revenue of c £616k for the year ended 31 July 2015 and c £797k for the period ended 31 July 2014 During these accounting periods the Company made a loss of c £22k and c £17k respectively
Mark Wilson and Paula Wilson are the directors of the Company and majority shareholders
Administrators' statement of proposals (2016-01-19) · Companies House register