Waste Oils Limited (02186947): administration
- Status
- Administration ended
- Administration began
- 2013-09-06
- Administrators
- Brian Green, Paul Andrew Flint
- Administrators' firm
- KPMG
- Incorporated
- 1987-11-02
- Location
- London
- Industry
- 46120 Agents involved in the sale of fuels, ores, metals and industrial chemicals
Why it went into administration
- Funding withdrawn / unable to refinance
- Sustained trading losses
- Weak consumer demand
- Cash flow / liquidity pressure
From the administrators' statement
The Company was incorporated on 2 November 1987 and became part of the OSS Group in June
The Company did not have any employees, and was a non trading entity of the OSS Group The Group operated from 12 leasehold premises and four freehold premises The Company held one of the leasehold interests, along with title to a freehold property in Knowsley, with the remaining leasehold interests and freehold titles held by other Group companies
3.2 Funding and financial position of the Company
Administrators' statement of proposals (2013-11-04) · Companies House register