# Davis Pneumatic Systems Limited (01732769)

> Why UK company 01732769 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/01732769

- **Status:** Administration ended
- **Administration began:** 2013-04-12
- **Administrators:** Dermot Justin Power, Patrick Alexander Lannagan, Christopher Kim Rayment
- **Administrators' firm:** BDO
- **Formerly:** Davis Pneumatics (Holdings) Limited; Erinmace Limited
- **Incorporated:** 1983-06-20
- **Location:** Manchester
- **Industry:** 26512 Manufacture of electronic industrial process control equipment

## Why it went into administration

- HMRC / tax arrears
- Loss of a key customer, supplier or contract
- Sustained trading losses
- Parent or group failure
- Creditor pressure / legal action
- Weather / natural events

## From the administrators' statement

Although the Group reported profits in the year to 30 November 2012, unsecured creditor arrears across the Group are significant (circa £0.8m) as a result of:

• Stocks increasing significantly during 2010, which did not then reduce, as a result of inconsistent stock control;

• Increased contributions to the defined benefit pension scheme; and

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/01732769/filing-history/MzA3OTIyMTA0NGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/01732769

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