Adam Polymer Limited (02990708): administration
- Status
- Administration ended
- Administration began
- 2016-06-13
- Administrators
- Sarah Helen Bell
- Administrators' firm
- Kroll
- Incorporated
- 1994-11-16
- Location
- Manchester
- Industry
- 22190 Manufacture of other rubber products
Why it went into administration
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Loss of a key customer, supplier or contract
- Bad debts / customer insolvency
- Sustained trading losses
From the administrators' statement
Statutory information on the Company and a summary of tts financial history ts included at Appendix 1
The Company was incorporated on 16 November 1994 as a manufacturer and supplier of polymer products by the Director, Willam Adam The Director is the sole director of the Company, which employed eight staff, seven on a fuil-time basis
As at the date of the Joint Administrators’ appointment, the share capital of the Company was 100% owned by the Director
Administrators' statement of proposals (2016-07-08) · Companies House register