# Severnprint Limited (01317797)

> Why UK company 01317797 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/01317797

- **Status:** Administration ended
- **Administration began:** 2024-02-08
- **Administrators:** Alexander Kinninmonth, James Prior
- **Administrators' firm:** FRP Advisory
- **Incorporated:** 1977-06-20
- **Location:** Salisbury
- **Industry:** 17230 Manufacture of paper stationery

## Why it went into administration

- Sustained trading losses

## From the administrators' statement

The Company was incorporated on 20 June 1977 and operated as a printing business, with a particular specialism in the printing of books. The Company traded from leasehold premises at Units 8-11, Ashville Industrial Estate, Bristol Road, Gloucester, GL2 5EU and employed 38 staff prior to cessation of trade.

In addition, there is a fixed and floating charge dated 31 October 2018 in favour of Santander, which is owed c.£127,275.

The Company’s book debts are currently assigned to Paragon, which was owed c. £645,651 as at the date of appointment, which we understand has now reduced as a result of debtor collections to c.£145,000. This liability is further secured via a fixed and floating charge over the Company’s assets. The charge in favour of Paragon was registered at Companies House dated 19 May 2023.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/01317797/filing-history/MzQxNjQ3NTg3OGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/01317797

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