Orchard Drawing Boards Limited (05517435): administration
- Status
- Administration ended
- Administration began
- 2013-04-26
- Administrators
- Julian Pitts, Nicholas Edward Reed
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2005-07-25
- Location
- Leeds
- Industry
- 31010 Manufacture of office and shop furniture
Why it went into administration
- Cash flow / liquidity pressure
From the administrators' statement
The Administrators’ statement of proposals for achieving the purpose of the administration which will be sent to creditors in due course will provide detailed information in relation to the Company However, to assist creditors who may have a limited understanding of the Company and its affairs to better understand the reasons for the pre-packaged sale, we have provided certain background information at this stage
The directors originally formed as a partnership in 1994, and subsequently incorporated to a limited company in 2005 The company manufactured drawing boards, planchests and paper storage systems, it also imported and sold goods such as visual display products, light boxes, paper hanging systems and chairs Over the years the Company developed long standing relationships with trade and retail chents In 2001 the Company website went live and this enabled the development of the company and helped maintain a strong position in the market place
The reasons for the Company’s insolvency
Administrators' statement of proposals (2013-06-25) · Companies House register