Paintbox Banbury Limited (03688482): administration
- Status
- Administration ended
- Administration began
- 2023-11-16
- Administrators
- Christopher Robert Pole, Ryan Kevin Grant
- Administrators' firm
- Interpath Advisory
- Formerly
- Paintbox Limited; Ingleby (1162) Limited
- Incorporated
- 1998-12-24
- Location
- Birmingham
- Industry
- 29320 Manufacture of other parts and accessories for motor vehicles
Why it went into administration
- Cash flow / liquidity pressure
- Loss of a key customer, supplier or contract
- COVID-19
- Weak consumer demand
- Supply chain disruption
- Sustained trading losses
- Competition / price pressure
From the administrators' statement
PBL is a subsidiary of PGL, providing high quality paint, assembly, and sequencing solutions for well-established automotive and transportation customers across two leasehold sites in Banbury.
PBL has four statutory directors, James Sharp, Robert Davies, Leigh Morris and lan Perrins.
3.2 Funding and financial position of the Company
Administrators' statement of proposals (2023-12-05) · Companies House register