# Berck Limited (00440136)

> Why UK company 00440136 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/00440136

- **Status:** Administration ended
- **Administration began:** 2018-12-20
- **Administrators' firm:** Tonks of Baldwins Restructuring and Insolvency
- **Formerly:** A. Berck Limited
- **Incorporated:** 1947-08-02
- **Location:** Birmingham
- **Industry:** 25500 Forging, pressing, stamping and roll-forming of metal; powder metallurgy

## Why it went into administration

- HMRC / tax arrears
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Creditor pressure / legal action

## From the administrators' statement

During the months prior to our appointment, the Company had been negotiating with two parties who had expressed an interest in acquiring the Company (as a going concern).

One party withdrew its interest citing concerns over the level of restructuring costs needed to improve the Company's financial outlook.

The Company entered into an exclusivity agreement with the second party, who initially made a modest offer for the Company's shares, conditional on compromising certain connected liabilities.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/00440136/filing-history/MzIyNzgwNzYyM2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/00440136

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