Extruded Window Systems Limited (02111723): administration
- Status
- Administration ended
- Administration began
- 2014-02-24
- Administrators
- Christopher Ratten, Jeremy Nigel Ian Woodside
- Administrators' firm
- Baker Tilly Business Services
- Incorporated
- 1987-03-18
- Location
- Manchester
- Industry
- 43290 Other construction installation
Why it went into administration
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Loss of a key customer, supplier or contract
From the administrators' statement
2.1 Corporate Structure
The Company was incorporated on 18 March 1987 and is a 100% subsidiary of RSG (Holdings) Limited (‘Holdings’) Holdings own the Company’s 1,000 issued shares with a nominal value of £1 per share
The Company granted a fixed and floating charge debenture to National Westminster Bank Pic (‘NatWest’) on 21 April 1992 Natwest provided an overdraft facility to the Company
Administrators' statement of proposals (2014-04-24) · Companies House register