# Company Reporting Limited (SC121603)

> Why UK company SC121603 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/SC121603

- **Status:** Administration ended
- **Administration began:** 2011-08-31
- **Incorporated:** 1989-11-27
- **Industry:** 2213

## Why it went into administration

- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Sustained trading losses

## From the administrators' statement

The company started to experience cash flow problems due to reducing turnover, This, coupled with the growing pressure, demands and threats of recovery/legal action from its creditors meant it was soon unable to meet its liabilities.

The directors were concerned that the existing assets of the company needed to be protected and maximised and believed it to be in the best interests for the company and its creditors to enter Administration after seeking professional advice.

Management by the Administrator of the Affairs and Business of the Company since Appointment and Future Management

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/SC121603/filing-history/MzA0NTY3NjAzNGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/SC121603

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