# The Bramwell Label Company Limited (03000676)

> Why UK company 03000676 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/03000676

- **Status:** Administration ended
- **Administration began:** 2016-04-19
- **Administrators' firm:** Begbies Traynor
- **Formerly:** Tawehill Limited
- **Incorporated:** 1994-12-12
- **Location:** Manchester
- **Industry:** 18129 Printing n.e.c.

## Why it went into administration

- Cash flow / liquidity pressure
- Loss of a key customer, supplier or contract
- Over-expansion / investment not recovered

## From the administrators' statement

The Company had previously traded successfully for a number of years, however in recent months sales had dropped significantly Sales over the last 3 months were 39% down on the previous year, and sales over the last 6 months were 25% down on the previous year

One of the main reasons for the drop in sales was the loss of 2 major accounts One customer took the decision to have their labels printed abroad, whilst another ceased trading during 2015 Furthermore, the Company's largest customer had driven prices down on a number of products, meaning that profit margins were continuing to decrease

All of the above contnbuted to a decrease in turnover of £400,000 dunng 2015

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/03000676/filing-history/MzE1MTMxNjg3NGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/03000676

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