# Packitsafe Limited (09730365)

> Why UK company 09730365 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/09730365

- **Status:** In administration
- **Administration began:** 2023-07-03
- **Administrators:** James Ashley Dowers, James Woodhead
- **Administrators' firm:** RSM
- **Incorporated:** 2015-08-12
- **Location:** Birmingham
- **Industry:** 46900 Non-specialised wholesale trade

## Why it went into administration

- COVID-19
- Creditor pressure / legal action

## From the administrators' statement

Relevant extracts from the Company’s filed accounts are summarised below:

Period ending 31 Aug 22 31 Aug 21 31 Aug 20 31 Aug 19 Turnover 1,175,472 2,658,620 1,686,826 673,766 Cost of sales (1,405,363) (2,449,472) (1,183,903) (436,638) Gross profit/ (229,891) 209,148 502,923 210,300 (loss)

Administrative (476,353) (538,196) (263,534) (146,248) expenses

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/09730365/filing-history/MzM5MDIwNzQ1NmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/09730365

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