# Petroplus Refining & Marketing Limited (04107875)

> Why UK company 04107875 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/04107875

- **Status:** Administration ended
- **Administration began:** 2012-01-24
- **Administrators' firm:** PwC
- **Formerly:** Petroplus United Kingdom Limited; Petroplus Refining Teesside Limited; Callwell Limited
- **Incorporated:** 2000-11-15
- **Location:** Leeds
- **Industry:** 19201 Mineral oil refining

## Why it went into administration

- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure

## From the administrators' statement

Prior to our appointment it was apparent that there was a high probability that the refinery would cease operations and face a total closure withm a matter of days. We have mitigated that immediate threat.

Our strategy was designed to maximise the pertod of operation whilst all credible options are explored We consider that there are four possible outcomes for the refinery, as set out below

• Restructuring of the Company,

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/04107875/filing-history/MzA1Mzc0NTg3M2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/04107875

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