# R.M.Trailers Limited (00801676)

> Why UK company 00801676 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/00801676

- **Status:** Administration ended
- **Administration began:** 2011-11-14
- **Incorporated:** 1964-04-20
- **Location:** Fareham
- **Industry:** 3410

## Why it went into administration

- Sustained trading losses
- Rising costs / inflation
- Cash flow / liquidity pressure

## From the administrators' statement

The company traded as designers and manufacturers of trailers, specifically boat, special purpose industrial, commercial, exhibition, generator and military trailers, for domestic and business customers The company traded on an informal agreement from premises in Prospect Road, New Alresford The freehold of the premises is owned by the current director and his brother, a former director of the company

The company was incorporated in April 1964 and was run initially by Mr David GiffordHull the current director’s father His sons Richard and Michael were directors until January 2007 when Michael resigned Both remain shareholders of the company Trading was initially funded by bank facilites from Barclays Bank Plc, but over the years the company built up reserves and the loans and overdraft were no longer necessary Consequently, although Barclays Bank Plc are still recorded at Companies House as still holding a debenture over the assets of the company, all accounts with them were closed over 15 years ago

The company had eight employees shortly before the administration The employees generally had been with the company for many years

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/00801676/filing-history/MzA0ODQwNzg5NWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/00801676

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