M.A. Platt Limited (00512364): administration
- Status
- Administration ended
- Administration began
- 2018-07-05
- Administrators
- Jason Mark Elliott, Nick Brierley
- Administrators' firm
- Leonard Curtis
- Incorporated
- 1952-10-16
- Location
- Oldham
- Industry
- 31090 Manufacture of other furniture
Why it went into administration
- HMRC / tax arrears
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Bad debts / customer insolvency
- Sustained trading losses
- Competition / price pressure
From the administrators' statement
M. A. Platt Limited (the “Company”) was incorporated on 16 October 1952. Nigel Richard Platt, Harold Platt and Audrey Platt were the original directors and shareholders. The Company’s principal trading activity was that of a manufacturer of furniture for office and leisure use for corporate clients, to either standard or to the customers own specification.
Trading was initially conducted from premises situated at St James’ Street in Accrington. However, for a number of years, the Company has been trading from leasehold premises situated at Lodge Mill, Victoria Street, Accrington, Lancashire, BBS OPG.
Audrey Platt and Harold Platt resigned as directors on 4 April 2001 and Nigel Platt resigned on 2 February 2015.
Administrators' statement of proposals (2018-07-27) · Companies House register