# Greenbank Terotech Limited (03509216)

> Why UK company 03509216 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/03509216

- **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- Funding withdrawn / unable to refinance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- Credit insurance / supplier credit withdrawn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

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/03509216/filing-history/MzQ4NTkyNjM3OWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/03509216

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