# Lumo Liquids Ltd (09232249)

> Why UK company 09232249 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/09232249

- **Status:** Administration ended
- **Administration began:** 2022-11-18
- **Administrators' firm:** Mazars
- **Incorporated:** 2014-09-23
- **Location:** Bristol
- **Industry:** 32990 Other manufacturing n.e.c.

## Why it went into administration

- Supply chain disruption
- Sustained trading losses

## From the administrators' statement

The Company, which was incorporated in 2014, was a joint venture between the previous owners of the “10 Motives” e-cigarette brand and a South Wales pharmaceutical and medical packaging company.

The Company manufactures and sells e-liquid vaping products. With a portfolio of established vaping brands, proprietary/in house developed product formulas, customers (such as British American Tobacco) and modern production lines, the Company experienced a sustained period of considerable growth and success.

However, following the decision of two large customers to move their manufacturing and supply chains to mainland Europe, the Company lost key contracts that represented over 85% of revenues. The resulting loss of sales could not be replaced quickly enough, and trading losses were incurred.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/09232249/filing-history/MzM2MjY5NTgwN2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/09232249

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