G.H. Neville Limited (00411420): administration
- Status
- Administration ended
- Administration began
- 2012-07-16
- Administrators
- Alan John Clark
- Administrators' firm
- Leonard Curtis
- Incorporated
- 1946-05-25
- Location
- Ilford
- Industry
- 20160 Manufacture of plastics in primary forms
Why it went into administration
- Cash flow / liquidity pressure
- Sustained trading losses
From the administrators' statement
GH Newille Limited commenced to trade shortly after incorporation in May 1946 to manufacture lever arch files The company latterly traded from rented premises located at Unit 1 Albone Way, Biggleswade, Bedfordshire SG18 8BN for which it paid £25,750 per annum
A debenture securing fixed and floating charges was created on 11 September 2009 in favour of Barclays Bank PLC
The company traded successfully for many years, supplying their Emgee branded files via the wholesale channel and latterly selling direct from their UK manufacturing facility Profits peaked during 2006/2007 with a profit and loss account balance of £430,000 for the year ending 31 August
Administrators' statement of proposals (2012-08-06) · Companies House register