Cleaver Scientific Limited (05216815): administration and why it failed

Cleaver Scientific Limited (05216815): administration

Status: Administration ended
Administration began: 2023-05-23
Administrators: Gareth David Wilcox, Trevor John Binyon
Administrators' firm: Opus Restructuring
Formerly: Cleaver Enterprises Limited
Incorporated: 2004-08-27
Location: Milton Keynes
Industry: 22290 Manufacture of other plastic products

Why it went into administration

Funding withdrawn / unable to refinance
Cash flow / liquidity pressure

From the administrators' statement

3.1

3.2

3.3

Administrators' statement of proposals (2023-06-13) · Companies House register

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Cleaver Scientific Limited (05216815): administration

Why it went into administration

From the administrators' statement

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Cleaver Scientific Limited (05216815)