Stocsaj Limited (08887662): administration and why it failed

Stocsaj Limited (08887662): administration

Status: Administration ended
Administration began: 2020-11-30
Administrators: Matthew Robert Haw, Matthew Richard Meadley Wild
Administrators' firm: RSM
Formerly: Jascots Wine Merchants Limited; Candene Limited
Incorporated: 2014-02-12
Location: Cross Lanes
Industry: 46342 Wholesale of wine, beer, spirits and other alcoholic beverages

Why it went into administration

COVID-19
HMRC / tax arrears
Sustained trading losses

From the administrators' statement

Relevant extracts from the Company’s audited and draft financial statements and management accounts are summarised below.

F/Y19 Actual F/Y20 Actual 5m to Sept 2020

{Audited) (Draft) Actual

Administrators' statement of proposals (2021-01-14) · Companies House register

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Stocsaj Limited (08887662): administration

Why it went into administration

From the administrators' statement

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Stocsaj Limited (08887662)