# Clayton Commercials Limited (01047357)

> Why UK company 01047357 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/01047357

- **Status:** Administration ended
- **Administration began:** 2012-11-14
- **Administrators' firm:** RSM
- **Incorporated:** 1972-03-24
- **Location:** Bolton
- **Industry:** 30990 Manufacture of other transport equipment n.e.c.

## Why it went into administration

- HMRC / tax arrears
- Creditor pressure / legal action
- Competition / price pressure
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Loss of a key customer, supplier or contract
- Sustained trading losses

## From the administrators' statement

The Company was incorporated in 1972 as manufacturers of tankers to the commercial sector The business had traded profitably for a number of years and gained a very strong reputation tn the marketplace, largely down to its quality of product and the relationships

built with tts long standing workforce over a number of years

Approximately four years ago the Company lost a number of key employees who were enticed to work for a number of competitors who had relocated to the North West of England These competitors were able to quote for jobs at significantly less than the

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/01047357/filing-history/MzA3MDE5MjM0NWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/01047357

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