Langar Group Limited (01808500): administration
- Status
- Administration ended
- Administration began
- 2012-06-18
- Administrators' firm
- RSM
- Formerly
- Langar Holdings Limited
- Incorporated
- 1984-04-12
- Location
- Nottingham
- Industry
- 46760 Wholesale of other intermediate products
Why it went into administration
- Cash flow / liquidity pressure
- Competition / price pressure
From the administrators' statement
The Company was incorporated in 1984 with David Beasley (one of the current Directors) having run other similar businesses since the late 1960's
The key recent events are summarised below
> In 2008, the Company began to experience difficulties following the weakness of the sterling against the Euro > 2009 showed an improvement with improved margins and turnovers
Administrators' statement of proposals (2012-08-10) · Companies House register