# Novo Drinks Ltd (09038597)

> Why UK company 09038597 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/09038597

- **Status:** Administration ended
- **Administration began:** 2016-09-12
- **Administrators' firm:** Richmond Advisory
- **Incorporated:** 2014-05-14
- **Location:** Matlock
- **Industry:** 11070 Manufacture of soft drinks; production of mineral waters and other bottled waters

## Why it went into administration

- Creditor pressure / legal action
- Loss of a key customer, supplier or contract

## From the administrators' statement

Administration of Drink Pag Limited

The Company was incorporated on 14 May 2014 for the purpose of purchasing the assets of Drink Paq Limited, which had gone into Administration The Insolvency Practitioners (“IPs”) appointed were Shane Biddlecombe and Gordon Johnston of HJS Recovery. The purchase price was £50,000 for tangible and intangible assets from those Administrators, with a further £75,000 for stock These assets were purchased subject to sale purchase agreement on 22 May 2014

The Administrators also agreed to assign a debt due to Drink Paq Limited from Pets at Home for £72,827.16 to the Company

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/09038597/filing-history/MzE2MjA2MjU0OGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/09038597

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