H.A.C. Pipeline Supplies Limited (01968501): administration and why it failed

H.A.C. Pipeline Supplies Limited (01968501): administration

Status: Administration ended
Administration began: 2025-02-21
Administrators' firm: RSM
Formerly: Alcel Plastics Limited
Incorporated: 1985-12-04
Location: Birmingham
Industry: 46900 Non-specialised wholesale trade

Why it went into administration

Sustained trading losses
Funding withdrawn / unable to refinance

From the administrators' statement

Relevant extracts from the company’s financial statements and management accounts are summarised below:

30 manele Year ended 30 Year ended 30 Period ending November 2023 November 2022

(Management . . (Filed accounts) (Filed accounts)

Administrators' statement of proposals (2025-04-26) · Companies House register

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