# Inovia International Limited (12624694)

> Why UK company 12624694 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/12624694

- **Status:** Administration ended
- **Administration began:** 2021-11-08
- **Administrators:** James Saunders, Allan Watson Graham
- **Administrators' firm:** Kroll
- **Formerly:** Shoo 640 Limited
- **Incorporated:** 2020-05-27
- **Location:** London
- **Industry:** 20420 Manufacture of perfumes and toilet preparations

## Why it went into administration

- Sustained trading losses
- Supply chain disruption
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Competition / price pressure

## From the administrators' statement

The Company is a UK based contract manufacturer of natural and organic cosmetics, specialising in the development, manufacture and packaging of cosmetics, toiletries, personal care and medical class 1 products, covering skincare, bath and body and aromatherapy.

The Company was incorporated in May 2020 as Shoo 640 Limited, but did not begin to trade until February 2021, when it purchased the business and assets of Inovia International, a division of Stan Chem from its Administrators.

The purchase of the Inovia division’s business and assets from Stan Chem included the TUPE transfer of the employees and a licence to operate from the leasehold premises at Brambles House, Waterberry Drive,

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/12624694/filing-history/MzMyNDY0MDkyMGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/12624694

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