Hills Bodyworks Limited (01300057): administration
- Status
- Administration ended
- Administration began
- 2011-06-06
- Administrators
- Ian Walker, Julie Anne Palmer
- Administrators' firm
- Begbies Traynor
- Incorporated
- 1977-02-24
- Location
- Exeter
- Industry
- 5020
Why it went into administration
- Funding withdrawn / unable to refinance
From the administrators' statement
The Company is recognised as a high-quality repairer of commercial vehicles The Company has particular experience in repatring commercial tail lifts Established in 1977 the Company offered a facility for the design, construction, repair and painting of commercial vehicles The Company operated as coach builders covenng the South West. All work was camed out within a quality management system that complies with ISO 9001 2000
The Company operated 3 distinct functions, new body work, repairs and tail lift services The tail lift operation was profitable but the other two functions were not viable As a result of the losses incurred the Company was unable to meet its outstanding financial obhgations. As a result, after discussions
with the secured credhtor, the director met with Begbies Traynor and decided to place the Company into Admmistration
Administrators' statement of proposals (2011-08-02) · Companies House register