Blue Pneumatics Ltd (05506142): administration
- Status
- Administration ended
- Administration began
- 2012-12-06
- Administrators
- Gareth Wyn Roberts, Paul Ellison
- Administrators' firm
- KRE Corporate Recovery
- Formerly
- Rednal Pneumatics Limited; L F F Capital (UK) Limited
- Incorporated
- 2005-07-12
- Location
- Reading
- Industry
- 25990 Manufacture of other fabricated metal products n.e.c.
Why it went into administration
- Loss of a key customer, supplier or contract
- Competition / price pressure
- Creditor pressure / legal action
From the administrators' statement
The following has been provided by lan Ibbotson, a director of the company, and has not been verified or audited by either the Joint Administrators or KRE Corporate Recovery LLP
“| have worked for the business for over 30 years The company which previously operated the business went into Administration in March 2009 | took it out of Administration and started it up the new company in April 2009
The turnover for the first year was £1 8m, in year two It was £2 4m and in year 3
Administrators' statement of proposals (2013-01-04) · Companies House register