HBCL Realisations Limited (00046883): administration
- Status
- Administration ended
- Administration began
- 2011-11-29
- Administrators
- Mark Guy Boughey, Tomislav Lukic
- Administrators' firm
- EY
- Formerly
- H.Bronnley & Co.Limited
- Incorporated
- 1896-02-17
- Location
- Birmingham
- Industry
- 20420 Manufacture of perfumes and toilet preparations
Why it went into administration
- Cash flow / liquidity pressure
- Pension deficit
- Regulatory change or action
- Competition / price pressure
From the administrators' statement
The Company was founded in 1883 as a manufacturer of soap and personal care products and operated from tts freehold property in Brackley, Northamptonshire The Company was a Royal Warrant holder employing 74 people
The Company's core products were sold through independent pharmacies and department stores in the UK and overseas, as well as licensed product sales where the Company manufactured and distributed products for third parties, primarily the RHS
The Group was subject to an MBI in July 2007, funded by KE (£2 4m) and the Bank (£4 0m) which included a term loan, overdraft facility and a confidential invoice discounting facility provided by HIF The Group structure is summarised below
Administrators' statement of proposals (2012-01-26) · Companies House register