# Avocet Hardware Limited (03288247)

> Why UK company 03288247 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/03288247

- **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

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/03288247/filing-history/MzA1NDQ4ODU2M2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/03288247

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