# Paintbox Birmingham Limited (03292592)

> Why UK company 03292592 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/03292592

- **Status:** Administration ended
- **Administration began:** 2020-06-26
- **Administrators:** Mark Granville Firmin, Paul Andrew Flint
- **Administrators' firm:** Alvarez & Marsal
- **Formerly:** Adac Limited; Ingleby (953) Limited
- **Incorporated:** 1996-12-16
- **Location:** Brighton
- **Industry:** 29320 Manufacture of other parts and accessories for motor vehicles

## Why it went into administration

- COVID-19
- Funding withdrawn / unable to refinance
- Loss of a key customer, supplier or contract
- Parent or group failure
- Competition / price pressure
- Sustained trading losses

## From the administrators' statement

Paintbox Birmingham Limited was incorporated 16 December 1996, at which point it began trading. It is a supplier of advanced paint solutions, primarlly to tier one arid Original Equipment Manufacturers (“OEM’s”) within the automotive industry. It operates from a leased premises in Kings Norton, Birmingham. At the date of appointment, the Company had 137 employees.

The Company is owned by Paintbox Group Limited and operated as a subsidiary supplying painted products to specific customers. Unfortunately the volumes achieved meant the Company was struggling to achieve viability pre-COVID-19 and, unfortunately, the further drop in volumes caused by the pandemic meant the Company could not survive.

Funding and financial position of the Company

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/03292592/filing-history/MzI3NjE3OTAzMWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/03292592

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