P.T.T. Design Limited (02509708): administration
- Status
- Administration ended
- Administration began
- 2015-03-04
- Administrators' firm
- PKF
- Formerly
- Abercroft Limited
- Incorporated
- 1990-06-08
- Location
- Castle Donington
- Industry
- 31090 Manufacture of other furniture
Why it went into administration
- Funding withdrawn / unable to refinance
- Sustained trading losses
From the administrators' statement
PTT Design Limited ("PTT” or “the Company’) was tncorporated and commenced to trade on 8 June 1990 The Company's principal business was the manufacture of furniture, principally for 4 and 5 star hotels It operated from premises at Bleachers Yard, Radford Road, New Basford, Nottingham, NG7 7EF employing approximately 60 staff.
Over the 2 years prior to the most recent period the company has suffered trading losses of c£22k to 31
March 2014 and c£32k to 31 March 2013 on turnover of c£5 Sm to 31 March 2014 and c£6 4k to 31 March 2013 Further details are shown below -
Administrators' statement of proposals (2015-05-11) · Companies House register