Stribbons Limited (05080009): administration
- Status
- Administration ended
- Administration began
- 2011-06-03
- Administrators
- Nicholas John Edwards, Tyrone Courtman
- Administrators' firm
- RSM
- Formerly
- Stribbons UK Ltd
- Incorporated
- 2004-03-22
- Location
- Derby
- Industry
- 3663
Why it went into administration
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Property / lease costs
From the administrators' statement
Stribbons Limited (the “Company” or “Stribbons”) sold ribbons and other small packaging items and was incorporated on 22 March 2004
The company employed 11 people including directors, and operated from leasehold premises.
Established in 1990 in the United States of America, the UK division was bought through an MBO tn April 2004, funded by loans
Administrators' statement of proposals (2011-08-02) · Companies House register