S. Teasdale (Hospital Equipment) Limited (01242976): administration
- Status
- Administration ended
- Administration began
- 2019-01-03
- Administrators
- Steven Muncaster, Sarah Helen Bell
- Administrators' firm
- Kroll
- Incorporated
- 1976-02-04
- Location
- Manchester
- Industry
- 31030 Manufacture of mattresses
Why it went into administration
- HMRC / tax arrears
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Supply chain disruption
- Funding withdrawn / unable to refinance
- Sustained trading losses
- Competition / price pressure
- Loss of a key customer, supplier or contract
From the administrators' statement
Statutory information on the Company and a summary of its financial history is included at Appendix 4
The Company is a private limited company founded on 4 February 1976 and is registered in England and Wales and had three directors at the Appointment Date.
The Company specialised in the manufacturing of hospital mattresses, as well as the manufacture of medical instruments and supplies.
Administrators' statement of proposals (2019-03-07) · Companies House register