SPG Limited (02177320): administration
- Status
- Administration ended
- Administration began
- 2015-07-28
- Administrators
- Zelf Hussain, David Robert Baxendale
- Administrators' firm
- PwC
- Formerly
- S.P.G. Limited
- Incorporated
- 1987-10-13
- Location
- Leeds
- Industry
- 28250 Manufacture of non-domestic cooling and ventilation equipment
Why it went into administration
- Cash flow / liquidity pressure
- Sustained trading losses
- Loss of a key customer, supplier or contract
From the administrators' statement
SPG Limited was founded in 1987 as a display case installation contractor, since then the business expanded into the manufacture and refurbishment of refmgeration display cases The Company’s customers mcluded many of the leading supermarkets.
At the time of our appointment, the Company traded from three leasehold sites around St Neots, Cambridgeshire and a leasehold office in Glasgow. It employed 85 employees.
The Company 1s 100% owned by Blue whose shareholders include the Directors of the Company We are not appointed over Blue and understand this entity owns no other assets other than the shares in the Company
Administrators' statement of proposals (2015-09-22) · Companies House register