{"name":"ACQUISITION 395445695A LIMITED","company_number":"07269985","status":"Liquidation","type":"Private Limited Company","incorporated":"2010-06-01","dissolved":null,"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","sic_codes":[{"code":47910,"description":"Retail sale via mail order houses or via Internet"}],"principal_activity":null,"previous_names":[{"name":"CHEM TECHNOLOGY LTD","changed_on":"2017-11-16"}],"warnings":["The annual accounts for this company are overdue.","The confirmation statement for this company is overdue."],"accounts":{"category":"Total Exemption Small","year_end":"30 June","last_made_up_to":"2016-06-30","next_due":"2018-03-31"},"employees":null,"financials":[{"financial_date":"2016-06-30","net_assets":3416537,"cash":878475},{"financial_date":"2015-06-30","net_assets":2631633,"cash":809558},{"financial_date":"2014-06-30","net_assets":1756920,"cash":1118431},{"financial_date":"2013-06-30","net_assets":840076,"cash":752972},{"financial_date":"2012-06-30","net_assets":375350,"cash":394030}],"officers":{"current":1,"resigned":3,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":0,"outstanding":0},"gazette_notices":[{"date":"2024-11-29","kind":"insolvency"},{"date":"2018-03-28","kind":"other"},{"date":"2018-01-15","kind":"insolvency"},{"date":"2016-11-24","kind":"insolvency"},{"date":"2016-10-27","kind":"insolvency"}],"insolvency_outcome":{"active_today":false,"filings":[{"form":"WU15","date":"2026-08-22","description":"Notice of final account prior to dissolution"}]},"ai_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.","website":"http://www.chem-technology.co.uk","links":{"page":"https://www.companiesintheuk.co.uk/ltd/acquisition-395445695a","people":"https://www.companiesintheuk.co.uk/company/acquisition-395445695a/people","filing_history":"https://www.companiesintheuk.co.uk/company/acquisition-395445695a/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/07269985","financials":"https://www.companiesintheuk.co.uk/company/acquisition-395445695a/financial","gazette":"https://www.companiesintheuk.co.uk/company/acquisition-395445695a/gazette","control":"https://www.companiesintheuk.co.uk/company/acquisition-395445695a/control","charges":"https://www.companiesintheuk.co.uk/company/acquisition-395445695a/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/acquisition-395445695a/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/acquisition-395445695a"}