# Trigon Snacks Limited (03147034)

> Why UK company 03147034 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/03147034

- **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- Funding withdrawn / unable to refinance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

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/03147034/filing-history/MzA4ODIwMTM4N2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/03147034

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