# Onyx Flowers Limited (08875609)

> Why UK company 08875609 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/08875609

- **Status:** Administration ended
- **Administration began:** 2015-04-20
- **Administrators' firm:** BDO
- **Incorporated:** 2014-02-04
- **Location:** Reading
- **Industry:** 46220 Wholesale of flowers and plants

## Why it went into administration

- Cash flow / liquidity pressure

## From the administrators' statement

21 The Company was incorporated on 4 February 2014, and traded from rented premises 1n Feltham, Middlesex

22 The director had been trading as a flower importer and wholesaler for 20 years. In 2014 she set up the Company as a joint venture with Philip Searle who owned a similar business Both parties transferred their existing businesses into the Company, and took equal shareholding.

2.3 Shortly after the Company started trading it became apparent that the combined turnover of the two businesses was not as high as had been originally anticipated In March 2015 the Company’s key sales director left and sales significantly reduced as a result Ths created immediate and cntical cash flow difficulties for the Company.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/08875609/filing-history/MzEyNTQxNjYxMGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/08875609

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