# The Soper Group Limited (03327072)

> Why UK company 03327072 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/03327072

- **Status:** Administration ended
- **Administration began:** 2022-11-02
- **Administrators:** John William Butler, Andrew James Nichols
- **Administrators' firm:** Metis Partners and Gilbert Baitson
- **Formerly:** Lawson Galbraith & Co Ltd
- **Incorporated:** 1997-03-04
- **Location:** Driffield
- **Industry:** 16230 Manufacture of other builders' carpentry and joinery

## Why it went into administration

- Creditor pressure / legal action
- COVID-19
- Funding withdrawn / unable to refinance
- Property / lease costs

## From the administrators' statement

For many years, the Company traded successfully, establishing an extensive and nationwide domestic and commercial customer base in the construction & joinery industry. The company also provided building construction and maintenance services.

The company continued to build a significant net asset base and cash reserves which it invested into commercial property via its holding company, Soper Holdings Limited. Investments were supported by mortgage loans from Handelsbanken.

The directors identified an opportunity to benefit from the synergies created by their construction and joinery operations and continued to invest heavily in properties, using materials and labour provided by the Company.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/03327072/filing-history/MzM2Mzg5MzIxNGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/03327072

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