Hallam Plastics Limited (01071839): administration
- Status
- Administration ended
- Administration began
- 2018-09-11
- Formerly
- Field Farm Limited; Field Farm Limited
- Incorporated
- 1972-09-13
- Location
- London
- Industry
- 22290 Manufacture of other plastic products
Why it went into administration
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Property / lease costs
- Competition / price pressure
From the administrators' statement
3.1 The Company was incorporated on 13 September 1972 and its principal activity was that of a specialist in engineered structural foam (either injection moulding or engineered structural foam injection moulding). A one-stop shop managing the job from design, through tooling management, pre and full production.
The business operated from Premises at Hallam Way, Access 26 Business Park, Langley Mill, Nottinghamshire NG16 4AN pursuant to a 3-year Underlease with Bowedene Limited. (“Bowedene”) expiring on 31 August 2020, at an annual rental of £36,000, payable quarterly.
3.2 Extracts from the Company’s Financial Statements are as detailed below: Year ended Year ended Year ended
Administrators' statement of proposals (2018-11-07) · Companies House register