Alpine Press Limited (03196268): administration
- Status
- Administration ended
- Administration began
- 2013-06-25
- Administrators
- Philip Lewis Armstrong, Jason Daniel Baker
- Administrators' firm
- FRP Advisory
- Formerly
- Longquest Limited
- Incorporated
- 1996-05-09
- Location
- London
- Industry
- 18129 Printing n.e.c.
Why it went into administration
- Cash flow / liquidity pressure
- HMRC / tax arrears
- Credit insurance / supplier credit withdrawn
From the administrators' statement
APL was a commercial print company providing full colour litho and digital printing The business was established over 40 years ago and traded from two leasehold premises in Kings Langley, Hertfordshire
The Company had traded successfully for a substantial period, incorporating tnto a Limited company in 1996, when Maurice Grainger bought out other family shareholders The Company built a reputation for quality and service within the spot printing market
Funding was provided by Lloyds TSB Commercial Finance Ltd (*LTSBCF”) by way of an invoice finance agreement, which included an assignment of all receivables, and by Lloyds Bank Plc (LBG”) which provided a term loan and overdraft facihty Details regarding the security granted to LTSBCF and LBG are given in section 9 of this report
Administrators' statement of proposals (2013-08-20) · Companies House register