# Hexdev Limited (04894217)

> Why UK company 04894217 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/04894217

- **Status:** Administration ended
- **Administration began:** 2015-12-31
- **Administrators:** David Nicholas Clark
- **Administrators' firm:** Clark Business Recovery
- **Formerly:** HEX DEV Limited; Hexham Developments Limited
- **Incorporated:** 2003-09-10
- **Location:** Leeds
- **Industry:** 22290 Manufacture of other plastic products

## Why it went into administration

- HMRC / tax arrears
- Property / lease costs
- Competition / price pressure
- Cash flow / liquidity pressure
- Creditor pressure / legal action

## From the administrators' statement

Hexdev Limited (the ‘Company') was incorporated on 10 September 2003 The Company manufactured plastic injection moulds and traded from feasehold premises at Unit 11, Gateway West, Kingfisher Boulevard, Newburn Riverside ind Park, Newcastle Upon Tyne,

Statutory information concerning the Company ts attached at Appendix A

The company started trading in 2004 from leased premises at Foundry Industnal Estate, Hexham, Northumberland. Funding was provided by the director, Richard Connell (‘the director’), and by 2009 his investment in the Company totalled £292K

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/04894217/filing-history/MzE0MTU0NTQzNmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/04894217

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.