# Viking Trailers Limited (01058665)

> Why UK company 01058665 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/01058665

- **Status:** Administration ended
- **Administration began:** 2018-09-14
- **Administrators' firm:** FRP Advisory
- **Incorporated:** 1972-06-19
- **Location:** Manchester
- **Industry:** 25990 Manufacture of other fabricated metal products n.e.c.

## Why it went into administration

- Funding withdrawn / unable to refinance
- Sustained trading losses
- Creditor pressure / legal action
- Cash flow / liquidity pressure

## From the administrators' statement

The Company was incorporated in June 1972 and traded as a specialist manufacturer of materials handling equipment and storage goods, particularly in the air cargo industry. A family run business, it created an international reputation for quality and durability having many blue-chip clients, Including well-known cargo, logistics and delivery businesses.

The business operated from long leasehold premises in Bacup, Lancashire which included a Factory and Assembly Unit. The Company employed 40 members of staff across its Factory, Assembly and administrative departments.

Barclays are the Company’s long-term bankers and sole secured creditor and provided an overdraft and term loan facility which had an outstanding balance of £335,832 and £565,133 respectively on appointment.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/01058665/filing-history/MzIxOTA2Mjg3OGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/01058665

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