# Polyglobal Ltd (01961972)

> Why UK company 01961972 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/01961972

- **Status:** In administration
- **Administration began:** 2024-09-30
- **Administrators:** Philip Booth
- **Administrators' firm:** Insolvency Code of Ethics. Needlesmart
- **Formerly:** Polyurethane Progress Limited
- **Incorporated:** 1985-11-20
- **Location:** Ossett
- **Industry:** 22290 Manufacture of other plastic products

## Why it went into administration

- HMRC / tax arrears
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Weather / natural events
- Sustained trading losses

## From the administrators' statement

Polyglobal Ltd (the Company” or “PG”) was incorporated on 20 November 1985 as Polyurethane Progress Limited and changed its name to Polyglobal Ltd on 26 August 2020.

3.2

3.3

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/01961972/filing-history/MzQ0MDQzODAzOWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/01961972

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