MHW Realisations Limited (00347046): administration
- Status
- Administration ended
- Administration began
- 2013-06-18
- Administrators
- William James Wright, Brian Green, Paul Andrew Flint
- Administrators' firm
- KPMG
- Formerly
- Metalrax Housewares Limited; MRX Housewares Limited; Metalrax Developments Limited; T.Morley & Co.Limited
- Incorporated
- 1938-12-07
- Location
- Manchester
- Industry
- 32990 Other manufacturing n.e.c.
Why it went into administration
- Cash flow / liquidity pressure
- Property / lease costs
- Pension deficit
- Credit insurance / supplier credit withdrawn
- Funding withdrawn / unable to refinance
From the administrators' statement
MHW operated primarily through two divisions, George Wilkinson International and Samuel Groves It produced and marketed bakeware, together with associated ranges of kitchen accessories, to both retail and commercial markets in the UK and overseas
The Company had one director, Michael Temple, mn addition to 126 employees
The Company was purchased, and subsequently refinanced, by the Secured Lender in March 2013 with finance secured against plant and machinery, stock and book debts
Administrators' statement of proposals (2013-08-13) · Companies House register