Associated Timber Services Limited (02099199): administration
- Status
- Administration ended
- Administration began
- 2015-03-26
- Administrators
- Phillip Francis Duffy, Sarah Helen Bell
- Administrators' firm
- Kroll
- Incorporated
- 1987-02-12
- Location
- Manchester
- Industry
- 16100 Sawmilling and planing of wood
Why it went into administration
- Competition / price pressure
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Funding withdrawn / unable to refinance
From the administrators' statement
Statutory information on the Company and a summary of its financial history 1s included at Appendix 1
The Company was established and incorporated in 1987 as a hardwood timber merchants operating within the specialist hardwood market The business historically traded from freehold premises at Honeypot Lane in Lincolnshire
In December 2013, the Company acquired the business and assets of John Boddy Timber Limited, a competitor business, and traded this division from leasehold premises situated in Boroughbnidge, North Yorkshire
Administrators' statement of proposals (2015-05-29) · Companies House register