Alvant Group PLC (04638732): administration
- Status
- Administration ended
- Administration began
- 2022-01-28
- Administrators
- Ryan Kevin Grant, William James Wright
- Administrators' firm
- Interpath Advisory
- Formerly
- Composite Metal Technologies PLC; Ypcs 131 PLC
- Incorporated
- 2003-01-16
- Location
- London
- Industry
- 70100 Activities of head offices
Why it went into administration
- Funding withdrawn / unable to refinance
- Parent or group failure
From the administrators' statement
The Company was a non-trading unlisted public company, which has more than 300 shareholders. The Company provided funding to its operating Subsidiary, an advanced materials technology group specialising in the design, development and production of aluminium composite components for demanding engineering applications.
The Company’s registered office was in Basingstoke and it was incorporated on 16 January 2003. We understand from the books and records that the Company did not have any employees at the date of entering administration.
The Subsidiary is the only other company in the Group and this entity is also in an insolvency process.
Administrators' statement of proposals (2022-03-03) · Companies House register