# Sunfold Systems Limited (04089186)

> Why UK company 04089186 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/04089186

- **Status:** Administration ended
- **Administration began:** 2019-09-25
- **Administrators' firm:** Begbies Traynor
- **Incorporated:** 2000-10-12
- **Location:** Northampton
- **Industry:** 43342 Glazing

## Why it went into administration

- Creditor pressure / legal action
- Brexit
- Loss of key people
- Competition / price pressure

## From the administrators' statement

The Company was formed in October 2000 Prior to incorporation the business had operated as the sole tradership of Michael Rawlings since the late 1980s under the trading style of ‘Rawlings Doors’. Initially the Company's main business activity was the supply and fit of folding doors, being the first company to bring sliding folding doors to the UK. Over the years trade developed to include the supply and installation of bespoke sliding folding doors, windows, lift & slide doors, roof glazing, canopies and roof lights. The Company became an industry leader with a reputation for quality, prestige and diversity using a range of innovative materials.

For many years from incorporation trade was very good, which led to the Company moving to the larger, current premises in 2006. The workforce grew to fifteen staff including the directors plus the use of subcontractor fitters as and when required. Michael Rawlings acted as Managing Director, Elizabeth Rawlings as Sales Director, Beverley Marshall as Finance Director and David Mudd (who resigned on 29 August 2019) as Operations Director.

In recent years profitability diminished to the extent that an operating loss of £29,350 was incurred for the year ended 31 October 2017 and for the year ended 31 October 2018 the operating loss had increased to £213,340.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/04089186/filing-history/MzI1MDA1MzI3OWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/04089186

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