PL123 Realisations Limited (01907111): administration
- Status
- Administration ended
- Administration began
- 2013-12-20
- Administrators
- Glyn Mummery, Martin John Weller
- Administrators' firm
- FRP Advisory
- Formerly
- Park Leisure Limited; Hydeford Limited
- Incorporated
- 1985-04-22
- Location
- Brentwood
- Industry
- 32300 Manufacture of sports goods
Why it went into administration
- Funding withdrawn / unable to refinance
- Creditor pressure / legal action
- Competition / price pressure
From the administrators' statement
The Company was incorporated on 22 April 1985 and operated in the design, manufacture and installation of playground and outdoor Jeisure equipment to customers throughout the country. It traded from leasehold premises, incorporating a manufacturing plant, based on the same site at Pivington Mill, Pluckley, Ashford, Kent TN27 OPG.
The sole director and principal shareholder was Trevor Markham (“TM”), who had extensive experience working tn this market
The Company primarily undertook contracts for local councils and authorities, providing a “one stop-shop” from concept, design, and manufacturing, night through to installation.
Administrators' statement of proposals (2014-01-15) · Companies House register