# Casburt TMS Limited (04019268)

> Why UK company 04019268 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/04019268

- **Status:** Administration ended
- **Administration began:** 2013-05-09
- **Administrators:** Paul Finnity, Lindsey J Cooper
- **Administrators' firm:** RSM
- **Incorporated:** 2000-06-21
- **Location:** Stoke on Trent
- **Industry:** 46180 Agents specialised in the sale of other particular products

## Why it went into administration

- Rising costs / inflation
- Supply chain disruption
- Funding withdrawn / unable to refinance
- Competition / price pressure

## From the administrators' statement

The Company was incorporated in June 2000 and traded from leasehold premises at Cinderhill Industrial Estate, Longton, Stoke on Trent The business was a family owned and operated company importing and re-selling tablet press spare parts to the international Pharmaceutical, Nutraceutical and Confectionery industries

Initially the Company employed 3 staff comprising Peter Caswell as Managing Director, Jane Prince as Company Secretary/Accountant and a sales/technical person

The Company banked with HSBC Bank plc from commencement and a small overdraft was secured which, together with invoice financing, provided adequate cashflow for the first few years Profits and growth were small but consistent

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/04019268/filing-history/MzA4MDk3NDc1NmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/04019268

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