# PSL 2020 Limited (02572178)

> Why UK company 02572178 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/02572178

- **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- Funding withdrawn / unable to refinance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.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/02572178/filing-history/MzI3MjY1MzcxNWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/02572178

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