# Wonderpol Ltd (05469630)

> Why UK company 05469630 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05469630

- **Status:** Administration ended
- **Administration began:** 2024-02-20
- **Administrators:** Richard Goodall, Anthony Collier
- **Administrators' firm:** FRP Advisory
- **Formerly:** Plastic RAW Materials Limited
- **Incorporated:** 2005-06-02
- **Location:** Manchester
- **Industry:** 74909 Other professional, scientific and technical activities n.e.c.

## Why it went into administration

- Cash flow / liquidity pressure
- Rising costs / inflation
- Property / lease costs
- Sustained trading losses
- Rising interest rates
- Weather / natural events

## From the administrators' statement

The Company was incorporated in 2005 and was a manufacturer of a wide range of thermoplastics to the masterbatch and compounding trade and wider UK plastics industry.

The Company operated from leasehold premises based in Leigh, Greater Manchester and employed 9 members of staff including 2 directors, all of whom were based at the Company’s trading premises.

The two directors Peter Senior and David Senior are the only shareholders (24:76 split). From May 2013, the Company benefitted from funding provided by ABN Amro

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05469630/filing-history/MzQxMjQ0MTAzNGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05469630

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.