# Incanite Foundries Limited (00167997)

> Why UK company 00167997 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/00167997

- **Status:** Administration ended
- **Administration began:** 2014-01-23
- **Administrators' firm:** Baker Tilly Restructuring and Recovery
- **Formerly:** Wellman Incanite Foundries Limited
- **Incorporated:** 1920-06-04
- **Location:** Birmingham
- **Industry:** 24510 Casting of iron

## Why it went into administration

- Creditor pressure / legal action
- Property / lease costs
- Energy costs
- Cash flow / liquidity pressure
- Loss of a key customer, supplier or contract
- Competition / price pressure

## From the administrators' statement

Relevant extracts from the Company's financial statements and management accounts are summarised below

Year Ended 31/08/2011 31/08/2012 31/08/2013

Unaudited Unaudited Management £000 £000 £000

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/00167997/filing-history/MzA5NjYyODQwNmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/00167997

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