P and P Supplies Limited (01842880): administration
- Status
- Administration ended
- Administration began
- 2013-04-26
- Administrators
- Barry G Mitchell
- Incorporated
- 1984-08-22
- Location
- Pontypool
- Industry
- 25990 Manufacture of other fabricated metal products n.e.c.
Why it went into administration
- HMRC / tax arrears
- Creditor pressure / legal action
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Bad debts / customer insolvency
- Competition / price pressure
From the administrators' statement
P and P was incorporated on 22 August 1984 It has always operated as a sheet metal and general metal engineering workshop. It is virtually unique in South Wales in terms of meeting one-off bespoke demands with very short delivery times - very often same or next day. It is the place to which a very wide range of building, contracting and maintenance businesses gravitate
whenever they have a requirement for a one off ‘special’ piece of metalwork.
Other attributes of the trade are: (i) Average invoice size is c. £400
Administrators' statement of proposals (2013-06-20) · Companies House register