Paul Flatman Limited (02121736): administration
- Status
- Administration ended
- Administration began
- 2013-05-01
- Administrators' firm
- Kroll
- Formerly
- Flatman & Sons Limited
- Incorporated
- 1987-04-10
- Location
- London
- Industry
- 10130 Production of meat and poultry meat products
Why it went into administration
- Weak consumer demand
- Cash flow / liquidity pressure
From the administrators' statement
During the years ended 31 May 2011 and 31 May 2012, the Company made a loss of £82,307 and £166,031, on a reported turnover of £10 1M and £8 2M, respectively
According to the Directors, the losses incurred by the Company and the resulting cashflow problems can be attributed to the following
• Worsening economic conditions in the marketplace as a whole because of industry wide price increases causing widespread reductions in margin and profitability
Administrators' statement of proposals (2013-06-07) · Companies House register