CPP (Manufacturing) Ltd (03251131): administration
- Status
- Administration ended
- Administration began
- 2012-01-10
- Administrators' firm
- Kroll
- Formerly
- Coventry Prototype Panels Limited
- Incorporated
- 1996-09-18
- Location
- Birmingham
- Industry
- 2811
Why it went into administration
- HMRC / tax arrears
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Property / lease costs
- Credit insurance / supplier credit withdrawn
From the administrators' statement
The Company was incorporated on 18 September 1996 and its business was predomunately the production of specialist body panels, concept and prototype cars for low volume high end automotive manufacturers The Company operated as part of a de-facto group (‘the Group’) and is associated with CPP Global Holdings Limited and its associated group companies by way of common ownership.
The Company’s shareholders are Brendan O'Toole (‘BOT’) and Conversgroup Holding UK Limited ((CHUKL’). BOT is also a director of the Company together with Robert Ford, Stewart Haynes and Matt Rose (together ‘the Directors’).
The Company traded from leasehold premises situated at Wheler Road, Seven Stars Industrial Estate Coventry, CV3 4LB (‘the Premises’), BOT and Darren Welsh, a former director of the Company, are the landlords of the Premises.
Administrators' statement of proposals (2012-03-09) · Companies House register