FC Realisations 8 Limited (04744940): administration
- Status
- Administration ended
- Administration began
- 2022-08-25
- Administrators
- William Antony Batty, Claire Howell
- Administrators' firm
- Antony Batty
- Formerly
- ABC Closed Limited; IVI Metallics Limited; Howper 451 Limited
- Incorporated
- 2003-04-25
- Location
- London
- Industry
- 25940 Manufacture of fasteners and screw machine products
Why it went into administration
- COVID-19
- Competition / price pressure
- HMRC / tax arrears
- Sustained trading losses
From the administrators' statement
Creditors should note that, unless otherwise stated, this section of my proposals has been prepared based on information provided to me by the director of the Company and not from my personal knowledge as Administrator.
The Company was founded in 1899 and for a number of years has been the last remaining nail and tack manufacturer in the UK. Specifically, it has been a manufacturer of precision quality tacks and nails, {including threaded, hardened and plated products) both for the footwear, and other industries requiring the highest quality standards. Products are manufactured to exacting tolerances under the ‘IVI’ and ‘Moenus’ brands. Products are made according to customer specifications for a diverse range of applications for hand use and machine-fed systems. The products include paintbrush assembly pins, panel pins, cable clip pins, masonry nails and furniture nails. The Company has been the industry - leader in the UK for supplying specialist components to the shoe making / repair trade, roofing, fascia industry and the building sectors.
The Company traded from premises at 300 St Saviour Road, Leicester, LES 4HF.
Administrators' statement of proposals (2022-09-08) · Companies House register