# Pelaw Presentation Packaging Limited (01954884)

> Why UK company 01954884 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/01954884

- **Status:** Administration ended
- **Administration began:** 2012-05-14
- **Administrators:** Paul Robert Boyle, David Michael Clements
- **Administrators' firm:** Harrisons Business Recovery and Insolvency
- **Formerly:** Imprimer (Clearpack) Limited
- **Incorporated:** 1985-11-05
- **Location:** Pelaw
- **Industry:** 2121

## Why it went into administration

- Sustained trading losses
- Competition / price pressure

## From the administrators' statement

As previously advised, the Company was established in 1985 and was a family run business founded by David Young (DY) and Veronica Young (VY’) In 1996 their son Graeme Young (‘GY’) joined the Company as Director

The Company traded from a warehouse in Tyne and Wear, manufacturing packaging products and providing an onsite packing service

The Company traded well for over 20 years, however, competition from the emerging far eastern markets had an impact on the Company's customer base, driving the cost of sales, and profit margins down Coupled with the recession the Company’s turnover dropped considerably, and debts started to accrue

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/01954884/filing-history/MzA2MDcyNzkwMWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/01954884

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