Meriden Paper Limited (01298567): administration
- Status
- Administration ended
- Administration began
- 2017-06-13
- Administrators' firm
- Begbies Traynor
- Formerly
- Stewart Alan & Co. (Paper) Limited
- Incorporated
- 1977-02-15
- Location
- Birmingham
- Industry
- 17290 Manufacture of other articles of paper and paperboard n.e.c.
Why it went into administration
- Management failings / irregularities
From the administrators' statement
Meriden Paper Limited (“Meriden”) (“the Company”) was incorporated in February 1977 by Mr Demosthenes Vergopoulos (“Mr Vergopoulos snr”) being the sole director. Mr Vergopoulos and his wife, Mrs Jennifer Vergopoulos held the Company shares being 99:1 respectively.
Mr Alexander Vergopoulos (jnr) (“Alex”) joined the business and subsequently became director of the Company on 1 January 2004. When Mr Vergopoulos snr unfortunately passed Mr Vergopoulos jnr took up the reins and the Managing director of the business.
Mr David Taylor, also involved in the supply of till roll became a director on 6 December 2013, with the hope to diversify into the label market, this was achieved by purchasing Stone Label Limited, a subsidiary of the Company.
Administrators' statement of proposals (2017-08-07) · Companies House register