Come In Ltd (09762570): administration
- Status
- Administration ended
- Administration began
- 2019-02-25
- Administrators
- Timothy John Edward Dolder, Joanne K Rolls
- Administrators' firm
- Opus Restructuring
- Incorporated
- 2015-09-04
- Location
- Milton Keynes
- Industry
- 46720 Wholesale of metals and metal ores
Why it went into administration
- Competition / price pressure
From the administrators' statement
3.1 On 25 February 2019, Joanne Kim Rolls, and Timothy John Edward Dolder of Opus Restructuring LLP were appointed Joint Administrators of the Company following an Administration Order granted by the Court on the application of SME Invoice Finance Limited t/a Metro Bank SME Limited ("SME").
3.2. Prior to the appointment, SME had not received any payment in respect of invoice discounting facilities provided to the Company. In the absence of any response or co-operation from the Director, SME issued letters of demand on 11 February 2019 seeking the repayment of £244,206. No response was received and SME then proceeded with the appointment of the Joint Administrators.
3.3. The Joint Administrators confirm that they are authorised to carry out all functions, duties and powers by either one or both of them.
Administrators' statement of proposals (2019-05-08) · Companies House register