Mark Two Distributors Limited (01971017): administration
- Status
- Administration ended
- Administration began
- 2014-11-26
- Administrators' firm
- Kroll
- Formerly
- Hopkinson Mark Two Limited; Mark Two Limited; Tendhouse Limited
- Incorporated
- 1985-12-13
- Location
- Manchester
- Industry
- 46900 Non-specialised wholesale trade
Why it went into administration
- Cash flow / liquidity pressure
- Funding withdrawn / unable to refinance
- Creditor pressure / legal action
- Loss of a key customer, supplier or contract
- Sustained trading losses
- Competition / price pressure
From the administrators' statement
Statutory information on the Company and a summary of its financial history 1s included at Appendix 1
The Company was incorporated in 1985 as a family run distnbutor of branded kitchen and bathroom supplies to independent retailers
At its peak in 2004 the Company had a turnover of approximately £68m and employed 350 people at the Bury Road premises in Boiton
Administrators' statement of proposals (2015-01-26) · Companies House register