Freeway Retreads Limited (04766219): administration
- Status
- Administration ended
- Administration began
- 2014-05-27
- Administrators
- Sean Williams, John Malcolm Titley, Philip Deyes
- Administrators' firm
- Leonard Curtis
- Incorporated
- 2003-05-15
- Location
- Manchester
- Industry
- 22110 Manufacture of rubber tyres and tubes; retreading and rebuilding of rubber tyres
Why it went into administration
- Sustained trading losses
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Loss of a key customer, supplier or contract
- Competition / price pressure
From the administrators' statement
Below ts information in relation to the pre-packaged sale of the above Company's business and assets which the Joint Administrators are required to disclose The information included has been obtained from
• Discussions with the Company director,
• The financial records of the Company, and
Administrators' statement of proposals (2014-07-18) · Companies House register