FPL Limited (03792507): administration
- Status
- Administration ended
- Administration began
- 2016-05-13
- Administrators
- Howard Smith, Jonathan Charles Marston
- Administrators' firm
- KPMG
- Incorporated
- 1999-06-21
- Location
- Newcastle upon Tyne
- Industry
- 43330 Floor and wall covering
Why it went into administration
- Creditor pressure / legal action
- Bad debts / customer insolvency
From the administrators' statement
The Company was incorporated on 21 June 1999 and provided commercial contract flooring services
The Company had six employees and traded from premises on the Team Valley Trading Estate, in Gateshead, Tyne and Wear
2.2 Funding and financial position of the Company HSBC provided an overdraft facility with a limit of £400,000 and a loan
Administrators' statement of proposals (2016-07-13) · Companies House register