# Cresta Building Products Ltd. (03285756)

> Why UK company 03285756 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/03285756

- **Status:** Administration ended
- **Administration began:** 2012-10-16
- **Administrators:** Janette Elliott, Jason Mark Elliott
- **Administrators' firm:** Cowgill Holloway Business Recovery
- **Incorporated:** 1996-11-29
- **Location:** Bolton
- **Industry:** 25110 Manufacture of metal structures and parts of structures

## Why it went into administration

- Sustained trading losses
- Funding withdrawn / unable to refinance
- Creditor pressure / legal action
- Loss of a key customer, supplier or contract
- Competition / price pressure

## From the administrators' statement

The Company was incorporated on 29 November 1996 and traded independently for a number of years In 2007, Shawston International Limited (“Shawston”) identified the Company as an acquisition target and began negotiations with its directors and shareholders Discussions initially broke down, however, a sale was agreed and completed

on 16 October 2009 The purchaser was a non trading holding Company by the name of

Exquisite Sun Limited (“ES”), which Is associated with Shawston by way of common

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/03285756/filing-history/MzA2ODE3MjA5OGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/03285756

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