# Allan Snow Ltd (11450141)

> Why UK company 11450141 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/11450141

- **Status:** Administration ended
- **Administration began:** 2023-10-16
- **Administrators:** Ian Lawrence Goodhew
- **Administrators' firm:** Begbies Traynor
- **Incorporated:** 2018-07-05
- **Location:** London
- **Industry:** 69201 Accounting and auditing activities

## Why it went into administration

- Bad debts / customer insolvency
- Management failings / irregularities

## From the administrators' statement

In 2020, the Company started experiencing financial difficulties and was no longer able to generate a profit. This was in part due to overspending on staff, including frequent changing, as well as high salary expenses. The Company also faced a hindrance when it had to settle a court case with an employee, resulting in a significant payout. To address the Company's financial challenges and manage cash flow effectively, the Directors believed tt would be beneficial to separate each of their

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Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/11450141/filing-history/MzQwNTI5Mjg5N2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/11450141

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