Feltech Electronics Limited (02356972): administration
- Status
- Administration ended
- Administration began
- 2019-08-12
- Administrators' firm
- Edge Recovery
- Incorporated
- 1989-03-08
- Location
- Bromley
- Industry
- 26309 Manufacture of communication equipment other than telegraph, and telephone apparatus and equipment
Why it went into administration
- Competition / price pressure
From the administrators' statement
Creditors should note that, unfess otherwise stated, this section of my propesals has been prepared based on Information provided to me by the directors of the Company and not from my personal knowledge as Administrator.
The Company was incorporated on 8 March 1989 by Peter Fell to carry on the business as audio visual experts, consultants and engineers and to act as agents for Import, export, design, manufacture and generally deal by wholesale and retall in high fidelity equipment of every description. It commenced trading on 1 May 1989. The Company was initlally funded via share capital of £19,800 from Peter Feil. Over the years the business expanded and at its peak was employing almost 70 staff.
A summary of the Company's recent trading performance is shown below.,
Administrators' statement of proposals (2019-09-13) · Companies House register