HW Glass Limited (01053621): administration
- Status
- Administration ended
- Administration began
- 2013-03-01
- Administrators' firm
- BDO
- Formerly
- H. Woods (Glass Merchants) Limited
- Incorporated
- 1972-05-09
- Location
- Liverpool
- Industry
- 32990 Other manufacturing n.e.c.
Why it went into administration
- Funding withdrawn / unable to refinance
- Competition / price pressure
From the administrators' statement
The Company was incorporated on 9 May 1972. The Company was known as H. Woods (Glass Merchants) Limited and changed its name to the present style on 17 January 2008.
The Company cut and prepared glass products, predominately for use in doors and windows and operated from leasehold premises in Wigan employing 58 staff. The landlord of the property is Lynne and David Woods and their pension fund
In the financial year ended 31 January 2012, the Company generated a net profit of £6k on turnover of £8.89m. In the two preceding financial years, the Company incurred net losses of £15k in the year to 31 January 2011 and £14k in the year to 31 January 2010, on turnover of £8 48m and £8.99m respectively
Administrators' statement of proposals (2013-05-01) · Companies House register