# Discovery Yachts Group Ltd (09347816)

> Why UK company 09347816 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/09347816

- **Status:** Administration ended
- **Administration began:** 2019-12-19
- **Administrators' firm:** FRP Advisory
- **Formerly:** Tradewinds Marine Ltd
- **Incorporated:** 2014-12-09
- **Location:** Walsall Road
- **Industry:** 30120 Building of pleasure and sporting boats

## Why it went into administration

- Creditor pressure / legal action
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Competition / price pressure

## From the administrators' statement

Creditors should note that, unless otherwise stated, this section of my proposals has been

prepared based on information provided to me by the directors of the Company and not from

my personal knowledge as Administrator.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/09347816/filing-history/MzI1NzE1MTY0NmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/09347816

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