# Adam Polymer Limited (02990708)

> Why UK company 02990708 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/02990708

- **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

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/02990708/filing-history/MzE1MjU2MTEwN2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/02990708

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