L.E. Went Limited (00806860): administration
- Status
- Administration ended
- Administration began
- 2024-09-04
- Incorporated
- 1964-05-27
- Location
- London
- Industry
- 46190 Agents involved in the sale of a variety of goods
Why it went into administration
- HMRC / tax arrears
- COVID-19
- Cash flow / liquidity pressure
- Competition / price pressure
- Rising costs / inflation
- Creditor pressure / legal action
- Parent or group failure
From the administrators' statement
On 24 May 1964, the Company was incorporated under the company registration number 00806860, following which the first premises were acquired at 104 Burlington Road, New Malden.
The Company was a supplier of paint, consumables and equipment to the automotive repair trade and many other industries that found the service levels and colour range and accuracy beneficial to their businesses. Geographical areas covered ranged from Hertfordshire, South Buckinghamshire, East Berkshire, Surrey, North Hampshire, Sussex and North West Kent.
The growth in car sales increased and the repair trade followed suit. As a result several new clients were taken on. The Company provided colours for the popular car marques of the day; Austin, Morris, Ford, Jaguar, Rover, Rootes Group and Vauxhall. In the mid 70’s demand increased, so to have the capacity to deal with the increase in demand, larger premises were found. A leasehold property at 52-54 Burlington Road were secured and within a few years a neighbouring plot became available and was purchased, developed and integrated.
Administrators' statement of proposals (2024-11-02) · Companies House register