Greenbank Terotech Limited (03509216): administration
- Status
- In administration
- Administration began
- 2025-09-09
- Administrators
- Lee Causer, Benjamin Peterson
- Administrators' firm
- BDO
- Formerly
- Pinco 1023 Limited
- Incorporated
- 1998-02-12
- Location
- Liverpool
- Industry
- 25110 Manufacture of metal structures and parts of structures
Why it went into administration
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Funding withdrawn / unable to refinance
- Supply chain disruption
- HMRC / tax arrears
- Bad debts / customer insolvency
- Sustained trading losses
- Credit insurance / supplier credit withdrawn
- Parent or group failure
From the administrators' statement
Lee Causer and Benjamin Peterson were appointed Joint Administrators of the Company on 9 September 2025.
The affairs, business and property of the Company are being managed by the Joint Administrators, who act as agents of the Company and without personal liability.
Purpose of the Proposals
Administrators' statement of proposals (2025-10-24) · Companies House register