NJM Clothing Limited (09985693): administration and why it failed

NJM Clothing Limited (09985693): administration

Status: Administration ended
Administration began: 2017-10-17
Administrators: Matthew James Higgins, Steven Phillip Ross
Administrators' firm: RSM
Incorporated: 2016-02-03
Location: London
Industry: 47710 Retail sale of clothing in specialised stores

Why it went into administration

Supply chain disruption
Cash flow / liquidity pressure

From the administrators' statement

Relevant extracts from the Company’s audited financial statements and management accounts are summarised below.

Turnover

Cost of sales

Administrators' statement of proposals (2017-12-22) · Companies House register

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Profit & loss: revenue, margins and profit, year by year
Balance sheet: assets, liabilities, working capital and net assets
Cash flow: operating, investing and financing flows and free cash flow
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NJM Clothing Limited (09985693): administration

Why it went into administration

From the administrators' statement

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NJM Clothing Limited (09985693)