Avocet Hardware Limited (03288247): administration
- Status
- Administration ended
- Administration began
- 2012-01-23
- Administrators
- Andrew Gordon Stoneman, Benjamin John Wiles
- Administrators' firm
- Kroll
- Formerly
- Moldstate Limited
- Incorporated
- 1996-12-05
- Location
- London
- Industry
- 5154
Why it went into administration
- Cash flow / liquidity pressure
- Competition / price pressure
- Creditor pressure / legal action
- Loss of a key customer, supplier or contract
- Bad debts / customer insolvency
From the administrators' statement
The business commenced trading in 1978 Statutory information on the Company and a summary of its financial history is included at Appendix 4
The Company was purchased by current management in a private equity backed management buy out in 2007
The Company operated from a site in Brighouse and traded as an importer and supplier of hardware through three UK divisions being D&W, Builders Hardware and ABS
Administrators' statement of proposals (2012-03-21) · Companies House register