P.R. Hunter (Plastics) Limited (05275160): administration
- Status
- Administration ended
- Administration began
- 2012-03-23
- Administrators' firm
- Harrisons Business Recovery and Insolvency
- Formerly
- Bodkin and Targe Limited
- Incorporated
- 2004-11-01
- Location
- Reading
- Industry
- 22220 Manufacture of plastic packing goods
Why it went into administration
- Cash flow / liquidity pressure
- HMRC / tax arrears
- Creditor pressure / legal action
From the administrators' statement
The Company was incorporated on 1 December 2004 following a management buy-out. The Company was formed by Mr ] W Dignam-Thomas CJDT’) as Company Secretary and Mrs S A Dignam-Thomas CSDT’) as Director and Shareholder.
The Company's principal trading activity was high frequency welding of PVC into plastic wallets and record sleeves supplying focal authorities, the music industry and blue chip organisations
In September 2006 the Company entered into a factoring agreement with SME Invoice Finance Limited, who subsequently took a fixed and floating charge over the assets of the Company
Administrators' statement of proposals (2012-05-23) · Companies House register