# Frame Wise Limited (03349873)

> Why UK company 03349873 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/03349873

- **Status:** Administration ended
- **Administration began:** 2015-02-24
- **Administrators:** Mark Malone, William John Kelly
- **Administrators' firm:** Begbies Traynor
- **Incorporated:** 1997-04-10
- **Location:** Birmingham
- **Industry:** 32990 Other manufacturing n.e.c.

## Why it went into administration

- Bad debts / customer insolvency

## From the administrators' statement

Frame Wise Limited was incorporated in April 1997 by Roger Simon Orrells and Jennifer Orrelis, who, together, had over 20 years of experience in the timber frame industry, to offer a bespoke timber frame service

With funding provided by its shareholders, the Company commenced trading in August 1997 from rented premises, which were later acquired, on the Presteigne industrial Estate providing timber frames to a variety of customers across the UK Customers included national contractors, local authorities and self builders with contract values ranging from £10,000 to £100,000

With demand for timber frame increasing, the Company needed to move to larger manufacturing facilites and employ additional staff In 2005, with a secured loan from the Company's banking prowders and other unsecured loans, the Company acquired a factory unit a short distance from the original site The Company's working capital was funded by an overdraft factlity provided by HSBC Bank pic

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/03349873/filing-history/MzEyMjAxMTUyMWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/03349873

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