Blue Line International UK Ltd (12128999): administration
- Status
- Administration ended
- Administration began
- 2022-08-19
- Administrators
- Daryl Warwick, Michael Christian Kienlen
- Administrators' firm
- RSM
- Incorporated
- 2019-07-30
- Location
- Carlisle
- Industry
- 10200 Processing and preserving of fish, crustaceans and molluscs
Why it went into administration
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Sustained trading losses
- Parent or group failure
From the administrators' statement
The Company was incorporated on 30 July 2019 and shortly thereafter after commenced trading. The company’s primary source of trading was the packaging and selling of smoked salmon from the United Kingdom to Italy.
The company’s parent company is Blue Line International SPA, which is based in Milan, Italy.
The Company was initially funded by Blue Line International SPA via group loans to support its trading losses as the business grew.
Administrators' statement of proposals (2022-10-12) · Companies House register