Union Papertech Limited (05838827): administration and why it failed

Union Papertech Limited (05838827): administration

Status: Administration ended
Administration began: 2023-02-10
Administrators' firm: RSM
Incorporated: 2006-06-06
Location: Birmingham
Industry: 17120 Manufacture of paper and paperboard

Why it went into administration

Loss of a key customer, supplier or contract
COVID-19
Rising costs / inflation
Supply chain disruption

From the administrators' statement

Relevant extracts from the Company’s filed and draft financial statements are summarised

below: £000

Period ended 31 Dec 2022 31 Dec 2021 31 Dec 2020 | 31 Dec 2019

Administrators' statement of proposals (2023-04-12) · Companies House register

Dig into any UK company's accounts

Search a company to fetch every set of accounts it has filed at Companies House, from incorporation to the latest filing. Tagged (iXBRL) accounts are read directly. Older scanned PDF accounts are read with OCR (optical character recognition).

Profit & loss: revenue, margins and profit, year by year
Balance sheet: assets, liabilities, working capital and net assets
Cash flow: operating, investing and financing flows and free cash flow
Groups: consolidated figures are used when a group files group accounts

Union Papertech Limited (05838827): administration

Why it went into administration

From the administrators' statement

Processing now

Recently viewed & analysed

Union Papertech Limited (05838827)