# HEX Holdings Limited (01285161)

> Why UK company 01285161 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/01285161

- **Status:** Administration ended
- **Administration began:** 2011-09-06
- **Formerly:** Nottingham GE Motor Factors Limited
- **Incorporated:** 1976-11-04
- **Location:** Birmingham
- **Industry:** 5030

## Why it went into administration

- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Competition / price pressure

## From the administrators' statement

The Company was incorporated on 4 November 1976 Statutory information on the Company and a summary of its financial position Is included at Appendix 1,

The Company actually commenced trading from the branch in Leicester tn 1971 as GE Motor Factors. It opened the Loughborough branch In 1975 and opened its Nottingham branch shortly after that and became Nottingham GE Motor Factors Limited in November 1976,

Over the forthcoming years, the Company bought several companies and began to operate from branches in Coventry, Plymouth, Redruth, Spalding, Exeter, Bristol, Norwich, Taunton, Cardiff and Swansea,

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/01285161/filing-history/MzA0NjM5MTk4NGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/01285161

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.