Oxford Packaging Solutions Limited (01038677): administration
- Status
- Administration ended
- Administration began
- 2024-03-04
- Administrators
- Timothy Townley, Danny Dartnaill, Andrew Graham Palmer
- Administrators' firm
- BDO
- Formerly
- Graham Packaging Plastics Limited; Owens-Illinois Plastics Limited; PET Technologies Limited; Rockware Shelfco No. 2 Limited; Plas-Pak (U.K) Limited
- Incorporated
- 1972-01-18
- Location
- Liverpool
- Industry
- 22220 Manufacture of plastic packing goods
Why it went into administration
- Loss of a key customer, supplier or contract
- COVID-19
- Property / lease costs
- Pension deficit
From the administrators' statement
The Company was incorporated on 18 January 1972 and since then has seen a number of changes to its ownership and management. Between 2004 and 2018 and the Company was part of the Graham Packaging Group and was called Grahams Packaging Plastics Limited. The Company was purchased by its current shareholders in 2018. Based in leasehold premises just outside of Oxford, OPSL manufactured high quality grade plastic bottles mainly for the confectionary, cleaning, and pharmaceutical sectors, and is not part of a wider group.
OPSL’s turnover for the year ended 30 December 2022 was £9.2m, per the draft unaudited financial statements, however, the management accounts to December 2023 indicate that this had reduced to
Administrators' statement of proposals (2024-05-02) · Companies House register