# Sapphire Controls Limited (02242128)

> Why UK company 02242128 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/02242128

- **Status:** Administration ended
- **Administration began:** 2020-01-02
- **Administrators:** Danny Dartnaill, John Strowger
- **Administrators' firm:** BDO
- **Formerly:** Sapphire Industrial Controls Limited; Taytroll Limited
- **Incorporated:** 1988-04-08
- **Location:** London
- **Industry:** 26301 Manufacture of telegraph and telephone apparatus and equipment

## Why it went into administration

- Cash flow / liquidity pressure

## From the administrators' statement

The Company was incorporated on 8 April 1988 and operated as an electrical switchgear designer and manufacturer. It operated from two leasehold premises:

• Sapphire House, Roundtree Way, Norwich, NR7 8SQ; and « Philpot House, Station Rd, Rayleigh, SS6 7HH.

The Company was subject of a management buy-in/buy-out (‘BIMBO’) in 2018, which resulted in the acquisition vehicle, Waterside 35 Limited (‘W35L’), acquiring 100% of the shares of Sapphire Power Management Limited (‘SPML’), the Company’s immediate parent. W35L, SPML and the Company are referred to collectively as ‘the Group’ in this report.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/02242128/filing-history/MzI1ODU3MDA5NWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/02242128

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.