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Applied Film Industries Company PLC (01817264): administration

Status
Administration ended
Administration began
2011-07-08
Administrators' firm
Begbies Traynor
Incorporated
1984-05-17
Location
Stoke on Trent
Industry
5190

Why it went into administration

From the administrators' statement

Applied Film Industnes Company plc (“the Company”) was incorporated on 17 May 1984 by its current director Mr Yuval Ella The Company was set up as the director perceived a gap in the market for the supply of re-inked till nbbons Its first major contract was won with Marks and Spencer, the director agreed to collect all of their old tii! nbbons and then re-inked them for resale at a discounted price from their onginal cost. At this stage a technical consultant was employed in order to develop a process and also a production and distribution centre was opened in Newcastle under Lyme

The Company began to grow through the acquisition of new customers for the remanufactured nbbons and also the development of the new technologies of mkjet and laser cartridges In the late 1990's the Company also began supplying stationery and office consumables to its customers

By 2001 the production and distnbution was based at Winpenny Road, Parkhouse Industnal Estate, Newcastle under Lyme and the head office which contained the sales team and accounts department was based In Ella Mews, Hampstead, London

Administrators' statement of proposals (2011-09-07) · Companies House register

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Applied Film Industries Company PLC (01817264)

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