Premier Extrusion Coatings Limited (05687401): administration
- Status
- Administration ended
- Administration began
- 2015-10-26
- Administrators
- Conrad Alan Beighton, Paul David Masters
- Administrators' firm
- Leonard Curtis
- Incorporated
- 2006-01-25
- Location
- Birmingham
- Industry
- 24450 Other non-ferrous metal production
Why it went into administration
- Property / lease costs
- Loss of a key customer, supplier or contract
From the administrators' statement
The Company was formed in January 2006 in order to acquire certain assets of Spectrum Architectural Coatings Limited (‘Spectrum’), from its administrator, Philip Gorman of Hazlewoods The sale completed during 2006
Spectrum had previously operated as a powder coater from the Company's former trading address at Qualtronyc Business Park, High St, Tipton DY4 SHG (“the Premises’) Folowing the sale, the Company inttally agreed a short term property lease with tts landlord, which included use of the major vertical powder coating plant installed at the Premises as this was also owned by its landlord
The main purpose of the Company was to provide high quality powder coating services to the aluminium extrusion sector The director believed that this could be done at very cost effective-rates due to the vertical nature of operations
Administrators' statement of proposals (2015-12-14) · Companies House register