First Components Limited (05089116): administration and why it failed

First Components Limited (05089116): administration

Status: Administration ended
Administration began: 2022-01-10
Administrators: Diana Frangou, Gareth Harris
Administrators' firm: RSM
Incorporated: 2004-03-30
Location: Birmingham
Industry: 25110 Manufacture of metal structures and parts of structures

Why it went into administration

Loss of a key customer, supplier or contract
Supply chain disruption
Cash flow / liquidity pressure

From the administrators' statement

Relevant extracts from the company’s financial statements and management accounts are summarised below.

£000

Period ended

Administrators' statement of proposals (2022-03-08) · Companies House register

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First Components Limited (05089116): administration

Why it went into administration

From the administrators' statement

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First Components Limited (05089116)