DA Online Sales Limited (11346109): administration
- Status
- In administration
- Administration began
- 2025-05-30
- Administrators
- Timothy John Edward Dolder, Paul M Davis
- Administrators' firm
- Opus Restructuring
- Incorporated
- 2018-05-04
- Location
- London
- Industry
- 47190 Other retail sale in non-specialised stores
From the administrators' statement
At the initial meeting with the Company’s legal advisors on 19 March 2025, the financial position of the Company was discussed, and a summary was provided of the various insolvency options available to the secured creditor.
Trading On
Trading on was deemed to be inappropriate, primarily due to the lack of working capital available to fund a period of trading. There was also a threat to petition to wind the company up through the Court due to significant debt, the Company did not have the means to discharge the debt, thereby buying time for the Director to seek to resolve the Company’s cashflow issues.
Administrators' statement of proposals (2025-07-25) · Companies House register