W Resources PLC (04782584): administration
- Status
- Administration ended
- Administration began
- 2023-01-09
- Administrators
- Chad Griffin, Callum Angus Carmichael
- Administrators' firm
- FRP Advisory
- Formerly
- Caspian Holdings Public Limited Company; Caspian Holdings Limited
- Incorporated
- 2003-05-30
- Location
- London
- Industry
- 70100 Activities of head offices
Why it went into administration
- COVID-19
- Energy costs
- Creditor pressure / legal action
From the administrators' statement
The Company was formed in May 2003 and listed on AIM in 2011. Its main assets are its shareholdings in the following 100% owned subsidiaries (together the “Group”):
W Resources Plc (In administration) Iberian Resources Copper Gold Spain, S.L. Resources Pic
Iberian Resources Portugal LDA
Administrators' statement of proposals (2023-03-09) · Companies House register