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JOO 2011 Realisations Limited (04813806): administration

Status
Administration ended
Administration began
2011-05-19
Administrators
Daniel Francis Butters, William Kenneth Dawson
Administrators' firm
Deloitte
Formerly
Jones of Oswestry Limited; Shoregreat Limited
Incorporated
2003-06-27
Location
Manchester
Industry
2710

From the administrators' statement

Following the purchase of the business and assets out of insolvency in 2003 the Company commenced trading from the property at Oswestry, Shropshire This operation continued until 2011 with the Company manufacturing tts own products, as well as undertaking a large volume of subcontracted work from Technocover

In April/May 2011, the Directors of Technocover took the decision to bring ail subcontracted work ‘in house’ This was a significant loss of business to Jones and this, together with the substantial overheads of running the Oswestry site and minimal orders for Jones’ own product, resulted in the Directors deciding that the Company could no longer continue to trade

The employees of Jones were laid off on 17 May 2011 by the Company whilst the Directors analysed the options available to them, and following this the Company was placed into Administration on 19 May 2011

Administrators' statement of proposals (2011-07-06) · Companies House register

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JOO 2011 Realisations Limited (04813806)

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