PSL 2020 Limited (02572178): administration
- Status
- Administration ended
- Administration began
- 2020-05-07
- Administrators
- Andrew Knowles, Stephen Gerard Clancy
- Administrators' firm
- Kroll
- Formerly
- Principle Spira Limited; Spira Projects Limited; Spira Limited
- Incorporated
- 1991-01-07
- Location
- Manchester
- Industry
- 16230 Manufacture of other builders' carpentry and joinery
Why it went into administration
- COVID-19
- Funding withdrawn / unable to refinance
- Loss of a key customer, supplier or contract
- Parent or group failure
- Bad debts / customer insolvency
- Property / lease costs
- Sustained trading losses
- Brexit
From the administrators' statement
7 ot
Fs Sestsany-was-ineorporated-on-7-danvary-t9: TSS Oper itec—Fhe-Gompany-name————_—— _ was subsequently change to Spira Projects Limited on 10 August 1994 and then again on 8 January 2015.
The final name change to'PSL 2020 Limited was completed by the Joint Administrators as part of the sale of the company name to the Group for £5,000.
Administrators' statement of proposals (2020-07-09) · Companies House register