# NWP Creative LLP (OC349666)

> Why UK company OC349666 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/OC349666

- **Status:** Administration ended
- **Administration began:** 2020-03-24
- **Formerly:** Amvima LLP
- **Incorporated:** 2009-10-29
- **Location:** London

## Why it went into administration

- Funding withdrawn / unable to refinance
- Loss of a key customer, supplier or contract
- Sustained trading losses

## From the administrators' statement

The LLP came into existence when NW left her previous employment and together with Ampito established the business by bringing in Sky as a major client, in particular their print business.

Up until 2013, Sky accounted for roughly 90% of NWP’s entire turnover with a small number of accounts making up the rest of the turnover. Later in 2013, the contacts moved from Sky to Sainsbury and engaged the LLP for its print media work. Consequently, the business with Sky was lost as Sainsbury's importance to NWP grew, with turnover rising to c.£1m with 95 % of that turnover being generated by the Sainsbury account.

However, this had adverse effects as smaller accounts were lost due to the LLP using the majority of its time and resources on the Sainsbury account, such that the business started to go into decline.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/OC349666/filing-history/MzI2NTA5MTMyN2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/OC349666

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