Promain (UK) Limited (05271223): administration
- Status
- In administration
- Administration began
- 2025-02-03
- Administrators
- Benjamin John Wiles, Philip Joseph Dakin
- Administrators' firm
- Kroll
- Formerly
- B E Craddock Limited
- Incorporated
- 2004-10-27
- Location
- London
- Industry
- 47910 Retail sale via mail order houses or via Internet
Why it went into administration
- COVID-19
- Weak consumer demand
- Cash flow / liquidity pressure
- Sustained trading losses
From the administrators' statement
Statutory information on the Company is included at Appendix 1.
In 1986, Promain was established offering expert advice as well as specialty paints, surface coating technologies and concrete repair materials across a wide range of specialist industrial applications.
The Company is part of the Group, which made up the UK’s second largest independent paint retailer and distributor specialising in high-quality paints, coating and decorating supplies.
Administrators' statement of proposals (2025-03-28) · Companies House register