# Norfolk Capacitors Limited (01988105)

> Why UK company 01988105 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/01988105

- **Status:** Administration ended
- **Administration began:** 2012-08-31
- **Administrators:** Richard James Philpott, Christopher Robert Pole
- **Administrators' firm:** KPMG
- **Formerly:** Swift 1711 Limited
- **Incorporated:** 1986-02-11
- **Location:** Leicester
- **Industry:** 27900 Manufacture of other electrical equipment

## Why it went into administration

- Cash flow / liquidity pressure
- HMRC / tax arrears

## From the administrators' statement

Norfolk Capacitors Limited was incorporated in 1986 designing and manufactunng high quality capacitors for power electrontc applications

The business was based across two sites in Great Yarmouth and Gorleston with 106 employees

The Company had been historically profitable with a focus on smaller specialised contracts In 2011, the Company secured a larger contract with the potential of doubling turnover from circa £3 million to £6 million Consequently, the business was faced with a significant working capital increase, largely through investing heavily in stock to meet the demands of the new contract

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/01988105/filing-history/MzA2NjUyNDI3N2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/01988105

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