# WR Refrigeration Limited (00594746)

> Why UK company 00594746 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/00594746

- **Status:** Administration ended
- **Administration began:** 2013-10-22
- **Administrators' firm:** PwC
- **Formerly:** Wathes Refrigeration Limited; Wathes Refrigeration Limited; Packer & Craven Limited
- **Incorporated:** 1957-12-04
- **Location:** Leeds
- **Industry:** 33120 Repair of machinery

## Why it went into administration

- Creditor pressure / legal action
- HMRC / tax arrears
- Loss of a key customer, supplier or contract
- Funding withdrawn / unable to refinance
- Sustained trading losses

## From the administrators' statement

Kaupthing are the shareholders of Huure Group OY and also provided secured debt facilities to the UK Group.

Since early summer 2013, PwC has held a number of meetings with Huure Group OY and Kaupthing to discuss a number of issues facings WR. These included:

« WR had been experiencing difficult trading conditions which led to funding of £1.5million being provided, which was required mainly to manage existing supplier pressures including HMRC. This was in addition to amounts already recerved by the Company from the Group which at this point were substantial; and

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/00594746/filing-history/MzA5MTcxNjkwMWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/00594746

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