RPL2015 Limited (03265798): administration
- Status
- Administration ended
- Administration began
- 2015-10-05
- Administrators
- Kevin Gerald Murphy, Andrew Poxon
- Administrators' firm
- Leonard Curtis
- Formerly
- Renson Products Limited
- Incorporated
- 1996-10-18
- Location
- Spinningfields
- Industry
- 25290 Manufacture of other tanks, reservoirs and containers of metal
Why it went into administration
- Funding withdrawn / unable to refinance
- Creditor pressure / legal action
- Loss of a key customer, supplier or contract
From the administrators' statement
The Company commenced trading in 1996 Andrew Sutcliffe was appointed as director on 4 May 2004 Originally the Company traded as a hydraulic tank business Neil Pickard joined the Company as director on 20 July 2009 and the Company changed the nature of its trade to produce bespoke stillages Andrew Sutcliffe later resigned as a director on 18 December 2014 The main customers of the Company are in the automotive and aviation industry
At the time Mr Pickard joined the Company in 2009, the Company had annual turnover of £250K with four employees, and operated from a unit which was approximately 2000 sq ft After 12 months, the Company required larger premises and moved to Unit 9, Brookfoot Business Park in Bnghouse
The Company continued to expand rapidly and in the year ended 31 October 2011 turnover had increased further to £888K and the Company recorded a profit of E50K
Administrators' statement of proposals (2015-11-20) · Companies House register