# M.Price Limited (00604114)

> Why UK company 00604114 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/00604114

- **Status:** Administration ended
- **Administration began:** 2023-08-25
- **Administrators' firm:** Begbies Traynor
- **Incorporated:** 1958-05-06
- **Location:** Northampton
- **Industry:** 43342 Glazing

## Why it went into administration

- COVID-19
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Funding withdrawn / unable to refinance
- Loss-making contracts / project overruns
- Sustained trading losses
- Credit insurance / supplier credit withdrawn

## From the administrators' statement

The following background information is provided to assist creditors who may have limited knowledge of the Company and its affairs to better understand the reasons for the Company’s insolvency.

The information below has been prepared from information provided by the Company’s directors and information contained within the Company's accounts and at Companies House and has not been verified by the Joint Administrators at this stage. The Joint Administrators will carry out their own investigations to verify the reasons provided by the directors for the Company's insolvency.

Company backgroud

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/00604114/filing-history/MzM5NTk0MzU4OGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/00604114

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