Seewoo Glasgow Limited (13742357): administration
- Status
- Administration ended
- Administration began
- 2022-07-05
- Administrators
- Paul Steven Cooper, David Rubin
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2021-11-15
- Location
- London
- Industry
- 47290 Other retail sale of food in specialised stores
Why it went into administration
- Property / lease costs
- Rising costs / inflation
- Energy costs
- Creditor pressure / legal action
From the administrators' statement
The Company was incorporated on 15 November 2021 to acquire the assets of Seewoo Foods (Glasgow) Limited (“Foods”) which was placed into Administration on 3 December 2021. Benjamin John Wiles and Geoffrey Wayne Bouchier, both of Kroll Advisory Ltd, The Shard, 32 London Bridge Street, London SE1 9SG were appointed as Joint Administrators (“Kroll”).
The following assets were sold by Kroll on 8 December 2021 to the Company as per below:
Asset Consideration Paid Equipment 50,000 Stock 20,000 Contracts 1 Intellectual Property Rights 1 Goodwill 1 Vehicles 1 Seller's Records 1 Total 70,005
Administrators' statement of proposals (2022-09-05) · Companies House register