# Accordial Wall Systems Limited (02286532)

> Why UK company 02286532 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/02286532

- **Status:** Administration ended
- **Administration began:** 2016-12-01
- **Formerly:** Alco Wall Systems Limited; Alco Beldan Limited; Alco Systems Limited; Mertondale Limited
- **Incorporated:** 1988-08-12
- **Location:** Milton Keynes
- **Industry:** 43999 Other specialised construction activities n.e.c.

## Why it went into administration

- Creditor pressure / legal action
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- HMRC / tax arrears
- Bad debts / customer insolvency
- Sustained trading losses

## From the administrators' statement

Accordtal Wall Systems Limited (“the Company”) was incorporated 28 March 1995 and operated as manufacturer of bespoke and made to measure moveable walls and partition systems

The Company is controlled by its Board of directors, which at the date of our appointment comprised David Landy, Stephen James and Nicholas lames

The Company’s entire share capital ts owned by Accordial Group Holdings Limited, a company registered in England & Wales Accordia!l Group Holdings 1s a wholly owned subsidiary of Lionforce Limited, a company registered in England & Wales and of which David Landy and Stephen James are the beneficial owners

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/02286532/filing-history/MzE2NTU2ODMwN2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/02286532

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