Insuppa Ltd (13322693): administration
- Status
- Administration ended
- Administration began
- 2025-10-23
- Administrators
- Rachel Hotham, Richard Alan Warwick
- Administrators' firm
- The Logistics Partnership
- Incorporated
- 2021-04-08
- Location
- Taunton
- Industry
- 45320 Retail trade of motor vehicle parts and accessories
Why it went into administration
- Competition / price pressure
- Creditor pressure / legal action
- Property / lease costs
- Sustained trading losses
From the administrators' statement
The Company was incorporated on 8 April 2021 as an associate to an already trading company, Insuppa Trading International Limited (“Trading”) and commenced trading at that time. The Company’s trading activity was that of the supply of automotive parts to third parties via the use of platforms such as Ebay and Amazon marketplace, and it traded in tandem to Trading.
Over the initial years of trading the Company achieved reasonable annual profits enabling shareholder reserves to increase to £182,053 in the year ended 31 December 2023.
In the next trading period, for the year ended 31 December 2024, there was a requirement for the Company to move from its trading premises, which were shared and rented in the name of Trading, following a request from its landlords. The change of trading premises and associated move put a substantial cost on the Company. At this time the lease with the landlords was also moved from Trading to the Company, as the Company was now the larger of the two trading entities.
Administrators' statement of proposals (2025-12-29) · Companies House register