# Marchant Manufacturing Co,Limited (00277794)

> Why UK company 00277794 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/00277794

- **Status:** Administration ended
- **Administration began:** 2012-08-07
- **Incorporated:** 1933-07-13
- **Location:** Cambridge
- **Industry:** 22290 Manufacture of other plastic products

## Why it went into administration

- Creditor pressure / legal action
- Loss of a key customer, supplier or contract

## From the administrators' statement

The company was incorporated in 1933 and its main trading activity in recent years was the manufacture of polythene & biopolymer refuse sacks, conversion of retail greaseproof paper and baking parchment rolls and the manufacture of specialist anti-rust films

In mid 2011 the company lost the business of tts largest customer, this work was replaced, although at a much smaller margin The performance of the business was also held back by Inefficient machinery, costly shift patterns and higher overheads These issues were tackled by installing more efficient machinery, changing shift patterns, reducing staffing levels and freezing wages, together with a number of other cost cutting measures Despite these efforts having a positive impact, the Company came under increasing creditor pressure A number of efforts were made by the directors in the lead up to Administration with a view to a sale of either the company or the business or a merger of the business, but these were without

Success

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/00277794/filing-history/MzA2NTA3NDE1N2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/00277794

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