Premier Hulse Limited (12778981): administration
- Status
- Administration ended
- Administration began
- 2024-02-07
- Administrators
- William Antony Batty, Claire Howell
- Administrators' firm
- Antony Batty
- Incorporated
- 2020-07-29
- Location
- London
- Industry
- 46310 Wholesale of fruit and vegetables
Why it went into administration
- Cash flow / liquidity pressure
- HMRC / tax arrears
- Loss of a key customer, supplier or contract
- Bad debts / customer insolvency
- Property / lease costs
- Sustained trading losses
- Pension deficit
- Regulatory change or action
From the administrators' statement
Premier Hulse Limited (“The Company”) was incorporated on the 29 July 2020 and commenced trading in August 2020, operating as a Fruit and Vegetable supplier. It was established by Mr Beaumont Hulse and Mr Jason Tanner, both were Company directors and shareholders. Mr Hulse had 15 years’ experience within the industry and Mr Tanner had more than 20 years experience within the industry.
All funding came from Mr Hulse personally in a form of a Director’s loan. Other external funding was raised from Mrs Sally Cunningham-Hulse, Mr Hulse’s mother.
The Company’s principal trading address was at a unit at New Covent Garden Market. The Company operated from these premises on a rental basis and paying rent of £120,000pa.
Administrators' statement of proposals (2024-04-08) · Companies House register