Electrabrands Limited (01503244): administration
- Status
- Administration ended
- Administration began
- 2013-10-23
- Administrators
- Guy Edward Brooke Mander, Graham Paul Bushby
- Administrators' firm
- Baker Tilly Restructuring and Recovery
- Formerly
- Henlid Limited
- Incorporated
- 1980-06-20
- Location
- Birmingham
- Industry
- 46439 Wholesale of radio, television goods & electrical household appliances (other than records, tapes, CD's & video tapes and the equipment used for playing them)
Why it went into administration
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Loss of a key customer, supplier or contract
- Bad debts / customer insolvency
- Sustained trading losses
- Competition / price pressure
From the administrators' statement
Relevant extracts from the Company’s financial statements are summarised below.
y/e yle y/e 31/12/2012 31/12/2011 31/12/2010
Final Final Final
Administrators' statement of proposals (2013-12-19) · Companies House register