ACQUISITION 395445695A LIMITED

Company number 07269985 ·

Liquidation

The annual accounts for this company are overdue.

The confirmation statement for this company is overdue.

Executive summary

ACQUISITION 395445695A LIMITED (formerly CHEM TECHNOLOGY LTD) presents a cautionary case study of rapid but ultimately unsustainable growth within the UK e-commerce sector. Despite expanding net assets from £38K to £3.4M over five years, the company's aggressive debt-funded growth, deteriorating working capital quality, and significant related-party dependencies culminated in liquidation—highlighting that asset accumulation without robust cash generation and governance controls is insufficient for long-term viability in competitive online retail markets.

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Shareholders' funds

£3,416,537

Balance sheet as at 2016-06-30

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Overview

Company type
Private Limited Company
Incorporated
2010-06-01
Registered office
C/O GRANT THORNTON UK ADVISORY & TAX LLP, 11th Floor Landmark St Peter's Square 1 Oxford Street, Manchester, M1 4PB
Postcode
M1 4PB
Capital
200 GBP
Accounts category
Total Exemption Small
Charges
0 outstanding

Accounts

Last made up to
2016-06-30
Next due by
2018-03-31 Overdue
Financial year end
30 June

Confirmation statement

Last statement dated
2017-11-15
Next due by
2018-11-29 Overdue
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Nature of business (SIC)

  • 47910 Retail sale via mail order houses or via Internet

Officers 1 current · 3 resigned

Appointed 2017-06-26

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Contact details

Website
http://www.chem-technology.co.uk

Previous company names

NameDate changed
CHEM TECHNOLOGY LTD2017-11-16

Previous registered addresses 3

AddressChanged on
14 CARLETON HOUSE BOULEVARD DRIVE, LONDON, NW9 5QF, UNITED KINGDOM2018-08-30
MIDSUMMER COURT 314 MIDSUMMER BOULEVARD, MILTON KEYNES, BUCKS, MK9 2UB2017-11-15
CBXII WEST WING, 382 - 390 MIDSUMMER BOULEVARD, MILTON KEYNES, BUCKS, MK9 2RG, UNITED KINGDOM2013-01-09

The class of 2010

24%

of the 2,487 companies in this sector incorporated in 2010 are still active today; 73% have since been dissolved.

A fact about the year, not a forecast for this company.

Survival rates for every incorporation year →