Moore Large & Co. Limited (01163012): administration
- Status
- In administration
- Administration began
- 2023-03-13
- Administrators
- Nathan Jones, Raj Mittal
- Administrators' firm
- FRP Advisory
- Incorporated
- 1974-03-14
- Location
- Birmingham
- Industry
- 52103 Operation of warehousing and storage facilities for land transport activities
Why it went into administration
- Funding withdrawn / unable to refinance
- Weak consumer demand
- COVID-19
- Rising costs / inflation
- Supply chain disruption
- Creditor pressure / legal action
- HMRC / tax arrears
From the administrators' statement
CSG was incorporated on 21 January 2022 in order to effect a MBO of the Company and other entities within the Group. The MBO completed in April 2022 for a total consideration of approximately £30m.
Whilst the Group includes several other companies (see opposite), these are in the main either dormant or intermediate holding companies. The only trading entity of the Group was the Company.
Moore Large & Co. Limited - in administration The Administrators’ Proposals
Administrators' statement of proposals (2023-05-12) · Companies House register