Benwell Sebard Limited (00949870): administration
- Status
- Administration ended
- Administration began
- 2018-12-14
- Administrators' firm
- Leonard Curtis
- Formerly
- B.B. Benwell & Co. Limited; Benwell Screen Printers Limited
- Incorporated
- 1969-03-13
- Location
- London
- Industry
- 18129 Printing n.e.c.
Why it went into administration
- HMRC / tax arrears
- Cash flow / liquidity pressure
- Sustained trading losses
- Funding withdrawn / unable to refinance
From the administrators' statement
Initially, the Company traded as sitk-screen printers producing high quality corporate stationery for prestigious clients. The Company forged close links with foil blocking and embossing specialists, J&R Sebard, which resulted in the two companies merging in 1995 and the Company changing its name to its present title, Benwell Sebard Limited.
The director, Paul Haslam, joined the business in 1997 as a production manager and in 2005 acquired the business through a management buyout.
The Company had previously traded successfully and built a strong reputation and developed a good track record within the specialist printing sector. However, over recent years the Company has experienced a year on year decline in turnover.
Administrators' statement of proposals (2019-01-22) · Companies House register