Porters Horticultural Limited (04320311): administration
- Status
- Administration ended
- Administration began
- 2012-11-16
- Administrators
- Darren Brookes, Gary Corbett
- Administrators' firm
- Milner Boardman Partnership
- Incorporated
- 2001-11-09
- Location
- Hale
- Industry
- 01300 Plant propagation
Why it went into administration
- Creditor pressure / legal action
- Loss of a key customer, supplier or contract
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- HMRC / tax arrears
- Weather / natural events
From the administrators' statement
Robin Porter, Alan Porter and Horace Porter (“the partners”) commenced trading as a partnership with the trading name, Porters Fuchsias (PF) In November 2001 the partnership secured a large contract and was advised to form a Limited company due to the risks involved in such an order Porters Horticultural Limited (“PHL”) or (“the company”) was subsequently incorporated on 9 November 2001 Robin Porter, Alan Porter and Horace Porter were all appointed to the board of directors upon incorporation In 2005 Horace Porter retired however, he remains on the board of directors
The principal business activity of the company was that of horticulturalists specialising in the growing of ornamental plants
The partnership initially traded from premises at Moss Lane in Formby The company continued to trade from that site following tts incorporation In 2008 the company expanded and moved to a site at Southport Old Road, Formby, which was owned by the Partnership
Administrators' statement of proposals (2013-01-22) · Companies House register