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Thermoform Limited (01114149): administration

Status
Administration ended
Administration began
2023-05-24
Administrators' firm
Opus Restructuring
Incorporated
1973-05-17
Location
Milton Keynes
Industry
22290 Manufacture of other plastic products

From the administrators' statement

3.1 The directors had hoped that a pre-packaged sale of the business would be concluded in order to maximise the return to creditors. However, when it became clear that a sale could not be secured, the directors sought advice regarding the Company’s options and ultimately concluded that the Company should be placed into Administration.

3.2. The Moratorium under Part Al of the Act were effected and covered the periods 19 April 2023 to 3 May 2023, 4 May 2023 to 18 May 2023 and 19 May 2023 to 24 May 2023. The purposes for which the Moratorium was entered into were to give protection from creditor claims whilst a pre-pack sale of the business was pursued.

3.3. Attached at Appendix Ill is an account of the work undertaken prior to the Joint Administrators’ appointment and the costs associated with that work.

Administrators' statement of proposals (2023-07-25) · Companies House register

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Thermoform Limited (01114149)

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