From the administrators' statement

The history of the company has been provided to us by the directors of the company Verification of this information has not been carned out by the administrators

The company was incorporated on 12 April 2002 but was dormant for approximately four years until it began trading in 2006 The company traded from premises in Middlesex and operated reasonably well for a number of years

During 2012 the directors invested over £1m of their own money into the company to facilitate a move into a new factory with brand new state of the art machinery The need to pay deposits, and a large amount of unexpected costs, quickly depleted the company’s working capital However, due to the strength of the company’s sales and gross margins, the company managed to keep working with limited cash flow

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Sharda Glass Limited (04415930)

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