Prom Chem Limited (03497368): administration
- Status
- Administration ended
- Administration began
- 2017-10-17
- Administrators
- Laurence Pagden, Jonathan David Bass
- Administrators' firm
- Menzies
- Incorporated
- 1998-01-22
- Location
- London
- Industry
- 46750 Wholesale of chemical products
Why it went into administration
- Competition / price pressure
- Rising costs / inflation
- Loss of a key customer, supplier or contract
From the administrators' statement
The Company was incorporated on 22 January 1998 by directors Mr Claus Prom and Mrs Valerie Prom (“the directors”). Mr Martyn Frost was briefly a director of the Company between 23 June 2015 and 2 June 2016. The Company traded from freehold premises at Edenbridge House, 128 High Street, Edenbridge, Kent TN8 SAY (“the premises”).
The Company’s principal activity was the development and wholesale supply of chemical goods that were designed to combat contamination in industrial materials. It also provided chemical testing for producers of industrial materials.
Raw materials were sourced from China and production was also outsourced to approved manufacturers. Products were then shipped to both the UK and a small contracted team in North Carolina, USA for sale and distribution to customers.
Administrators' statement of proposals (2017-12-14) · Companies House register