Oldduck 2 Ltd (10910140): administration
- Status
- Administration ended
- Administration began
- 2020-05-07
- Administrators
- Graham Stuart Wolloff, Mark Grahame Tailby
- Administrators' firm
- MT Insolvency
- Formerly
- Worldwide Procurement Limited; Co 1 Limited
- Incorporated
- 2017-08-10
- Location
- Mayfair
- Industry
- 82990 Other business support service activities n.e.c.
Why it went into administration
- HMRC / tax arrears
From the administrators' statement
_Creditors. should note that, unless otherwise stated, this section of our proposals has been prepared based on information provided to us by the director of the Company and not from our personal. knowledge as Administrators. ;
Oldduck 2 Ltd was formed’on 10% August 2017 and was setup to be a logistics procurement company. | The purpose was that it would combine parcel volume from multiple clients which would then achieve a lower buying price from suppliers. —
One of its main suppliers was Hermes Parcelnet spending between £300-£500k a month.
Administrators' statement of proposals (2020-07-10) · Companies House register