Armex Ltd (03223393): administration
- Status
- Administration ended
- Administration began
- 2019-04-03
- Formerly
- Pheltan Limited
- Incorporated
- 1996-07-11
- Location
- Matlock
- Industry
- 46499 Wholesale of household goods (other than musical instruments) n.e.c
Why it went into administration
- Creditor pressure / legal action
- Property / lease costs
- Competition / price pressure
From the administrators' statement
Creditors should note that, unless otherwise stated, this section of my proposals has been prepared based on information provided to me by the directors of the Company and not from my personal knowledge as Administrator.
Armex Limited was incorporated on 11 July 1996 and operated within the Field Sports Equipment sector from premises at Andover Street, Digbeth, Birmingham. The company sold crossbows, air rifles, guns, and grenades.
The company was initially funded by the Directors (circa £30,000) as the cashflow was needed to allow trade with Taiwan to obtain the initial stock.
Administrators' statement of proposals (2019-05-15) · Companies House register