Bearmach Limited (00603417): administration
- Status
- Administration ended
- Administration began
- 2022-09-06
- Administrators
- Simon Edward Jex Girling, Lee Causer
- Administrators' firm
- BDO
- Formerly
- Bearmach Public Limited Company; Bearmach (London) Limited
- Incorporated
- 1958-04-24
- Location
- Liverpool
- Industry
- 45310 Wholesale trade of motor vehicle parts and accessories
Why it went into administration
- COVID-19
- Cash flow / liquidity pressure
- Sustained trading losses
- Funding withdrawn / unable to refinance
- Credit insurance / supplier credit withdrawn
- Brexit
From the administrators' statement
Christopher Marsden and Lee Causer were appointed Joint Administrators of the Company on 6 September 2022.
The affairs, business and property of the Company are being managed by the Joint Administrators, who act as agents of the Company and without personal liability.
Purpose of the Proposals
Administrators' statement of proposals (2022-09-30) · Companies House register