A.E. Hadley Limited (01610257): administration
- Status
- Administration ended
- Administration began
- 2014-05-23
- Formerly
- Gloxinia Limited
- Incorporated
- 1982-01-29
- Location
- Segensworth Fareham
- Industry
- 31010 Manufacture of office and shop furniture
Why it went into administration
- Competition / price pressure
- Creditor pressure / legal action
- Loss of a key customer, supplier or contract
From the administrators' statement
The company traded as a high quality shopfitting and interiors contractor in the retail, hotels and leisure, commercial and maritime sectors More details can be found at the website www aehadley com The company was based tn Hilsea, Portsmouth and upon appointment it employed 80 employees
The original business commenced in 1921 In 1952, it carried out tts first contract for Knight & Lee, part of the John Lewis Partnership, which the relationship as a predominant customer continued to administration In 1982 the company was incorporated and the current company with tts shareholders resulted from a management buy-out in 1998
Since incorporation National Westminster Bank has provided funding facilities A fixed and floating charge debenture was granted on 5" May 1982 and a bank overdraft and loan are currently secured by this debenture
Administrators' statement of proposals (2014-07-16) · Companies House register