Flowprint Limited (02329113): administration
- Status
- Administration ended
- Administration began
- 2016-11-16
- Administrators' firm
- Quantuma
- Incorporated
- 1988-12-16
- Location
- Marlow
- Industry
- 18121 Manufacture of printed labels
Why it went into administration
- Weather / natural events
- Bad debts / customer insolvency
- Competition / price pressure
From the administrators' statement
The business was established on 16 December 1988 The principal activity of the Company was printing, trading from Jeasehold premises situated at Unit E Boyn Valley Industrial Estate, Boyn Valiey Road, Maidenhead, Berkshire, SL6 4EJ
The Company has been trading for over 25 years, enjoying very good relationships with customers experiencing little bad debt over it trading history The Company has had a good history of employment and staff have in the large been loyal to the Company with long periods of employment
More recently the Company has experienced a downturn tn turnover and the Company struggied to keep costs under contro! The Company has recently experienced a flood at its premises (the second in its recent history) which severely impacted tts manufacturing As a result, the Company has had to subcontract a lot of work out to external manufactures which has had an impact on future profit projections
Administrators' statement of proposals (2017-01-05) · Companies House register