Axiom Displays Limited (02191874): administration
- Status
- Administration ended
- Administration began
- 2018-07-23
- Incorporated
- 1987-11-11
- Location
- Northampton
- Industry
- 31010 Manufacture of office and shop furniture
Why it went into administration
- HMRC / tax arrears
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Loss of a key customer, supplier or contract
- Sustained trading losses
From the administrators' statement
The principal activity of the Company was the designing and manufacturing and fitting of retail fixtures and store displays. The Company operated principally in the UK and its turnover was mainly attributable to the UK market.
AMS is the sole shareholder of the Company, holding 100 Ordinary shares. The ultimate controlling company is Axiom Pop Limited who own 100% of the shares in AMS. Axiom Pop Limited has operated as a holding company and an investment vehicle.
Prior to the administration, the Company had granted a fixed and floating charge to Bibby Financial Services Limited which was created on 26 February 2016.
Administrators' statement of proposals (2018-09-10) · Companies House register