Aqualux Products Limited (05171319): administration
- Status
- Administration ended
- Administration began
- 2024-08-29
- Administrators
- Benjamin Neil Jones, Raj Mittal
- Administrators' firm
- FRP Advisory
- Formerly
- Fetim Group UK Limited; Aqualux Products Limited; Broomco (3503) Limited
- Incorporated
- 2004-07-06
- Location
- Birmingham
- Industry
- 32990 Other manufacturing n.e.c.
Why it went into administration
- HMRC / tax arrears
- Rising costs / inflation
- Creditor pressure / legal action
- Sustained trading losses
- Competition / price pressure
From the administrators' statement
The Company was incorporated on 6 July 2004 and is indirectly a wholly owned subsidiary of Intrinsic. The other trading entity within the Group, Aqata, was placed into creditors’ voluntary liquidation on 16 September 2024. The Administrators are also the Liquidators of Aqata.
The structure of the companies in the Group is presented below:
Intrinsic Equity Limited
Administrators' statement of proposals (2024-11-01) · Companies House register