Manchester Cables Limited (05668946): administration
- Status
- Administration ended
- Administration began
- 2012-05-25
- Administrators' firm
- KPMG
- Incorporated
- 2006-01-09
- Location
- Manchester
- Industry
- 25990 Manufacture of other fabricated metal products n.e.c.
Why it went into administration
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Sustained trading losses
- Funding withdrawn / unable to refinance
From the administrators' statement
Manchester Cables Limited (“MCL”) was incorporated in January 2006
MCL is a UK copper cable manufacturer trading as B3 Cables Solutions, based in Blackley, Manchester The Company also has a branch in Dubai that operated as a distribution centre
MCL 1s a subsidiary of B3 Industries Limited (““B3”) B3 1s the ultimate parent company to a number of subsidiaries (collectively the “Group”) These include
Administrators' statement of proposals (2012-07-24) · Companies House register