# Northern Handrailing Company Limited (The) (01050558)

> Why UK company 01050558 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/01050558

- **Status:** Administration ended
- **Administration began:** 2014-01-10
- **Incorporated:** 1972-04-19
- **Location:** Bolton
- **Industry:** 2010

## Why it went into administration

- HMRC / tax arrears
- Creditor pressure / legal action

## From the administrators' statement

The Company entered into a Company Voluntary Arrangement (“CVA”) on 11 October 2011

The terms of the Arrangement stated that the Company was to make monthly contributions of £2,000 per calendar month for a period of sixty months By early October 2013 the Company had become more than over two months tn arrears with the contributions, which constituted a formal breach of the CVA

The Company’s principal trading activity was as a manufacturer of timber staircases and handrailing systems mainly to the house building sector The Director, Mr John McCabe, advised that over the last twelve months the Company had suffered a downturn in trade, which he attributed to the ongoing impact that the recession had had on the building market

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/01050558/filing-history/MzA5Mzg4MjQ0OGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/01050558

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