Parry Group Limited (00395292): administration
- Status
- Administration ended
- Administration began
- 2016-12-05
- Formerly
- W.J.Parry & Co.(Nottingham)Limited
- Incorporated
- 1945-05-05
- Location
- Gildersome
- Industry
- 27900 Manufacture of other electrical equipment
Why it went into administration
- Pension deficit
- HMRC / tax arrears
- Cash flow / liquidity pressure
- Sustained trading losses
- Regulatory change or action
From the administrators' statement
The information provided in this section is based upon the Company records and information provided by the Company The key personnel involved in the provision of information were Mark Banton, the Company's managing director, the Company's in-house accountant and the Company's accounts manager The Joint Administrators cannot therefore be held personally liable for errors or misstatement of fact contained therein
The Company was incorporated on 5 May 1945 and commenced trading from freehold premises at The Mull, Town End Road, Draycott, Derby, DE72 3PT (“The Mill”)
Initrally, the Company operated as a contractor specialising in the provision and installation of street lighting and it should be noted that it traded profitably for a number of years It is understood that the Company's original directors and shareholders set up a final salary defined benefit pension scheme, with the aim of providing members with a final salary upon retirement
Administrators' statement of proposals (2016-12-28) · Companies House register