Trigon Snacks Limited (03147034): administration
- Status
- Administration ended
- Administration began
- 2013-09-10
- Administrators' firm
- Kroll
- Formerly
- Speed 5327 Limited
- Incorporated
- 1996-01-16
- Location
- Manchester
- Industry
- 10890 Manufacture of other food products n.e.c.
Why it went into administration
- Cash flow / liquidity pressure
- Funding withdrawn / unable to refinance
- Competition / price pressure
From the administrators' statement
34 The Company had traded profitably in recent years In the year ended 31 December 2010, the Company recorded a profit of £21,989 on a reported turnover of £21 97m, and in the corresponding period for 2011 the Company recorded a profit of £186,782 on a turnover of
32 Turnover had increased substantially over a short period, and to assist with its working capital requirements, the Company refinanced in 2011
Trgon Snacks Limited (In Administration) Joint Administrators’ Report to Creditors and Statement of Proposats 4 November 2013
Administrators' statement of proposals (2013-11-05) · Companies House register