Service Point UK Limited (01093958): administration
- Status
- Administration ended
- Administration began
- 2014-04-25
- Administrators' firm
- EY
- Formerly
- Picking Pack Service Point (UK) Limited; UDO Holdings Limited; U.D.O.(Holdings) Limited
- Incorporated
- 1973-02-02
- Location
- London
- Industry
- 18129 Printing n.e.c.
Why it went into administration
- Funding withdrawn / unable to refinance
- Sustained trading losses
From the administrators' statement
Background information on the Company and the circumstances giving rise to the appointment of the Administrators was provided in our initial correspondence sent to ail known creditors on 2 May 2014 By way of reference, | include the same information below
The Company was the UK trading subsidiary of GPP Capital PLC (“GPP”), which was owned by a Spanish parent company, Service Paint Solutions SA (“SPS”) (together, the “Group”) Refer to Appendix A for a group structure chart
The Company was a managed print specialist providing a broad portfolio of print and business services primarily aimed at assisting organisations to manage their information more effectively It had an extensive UK footprint of on and off-site service centres operating from 20 facihties located on chent sites, 31 off-site production units and online The Company's distribution was supported by a fleet of 60 vehicles
Administrators' statement of proposals (2014-06-25) · Companies House register