Betta Workwear Limited (05871931): administration
- Status
- Administration ended
- Administration began
- 2011-06-27
- Administrators
- Mark Elijah Thomas Bowen
- Administrators' firm
- PwC
- Incorporated
- 2006-07-11
- Location
- Birmingham
- Industry
- 9305
Why it went into administration
- Cash flow / liquidity pressure
- Bad debts / customer insolvency
- Property / lease costs
From the administrators' statement
The company was formed in September 2008 from a purchase of assets from Betta Tool Hire Limited, which had entered Liquidation
The business continued to operate from the trading premises of Betta Tool Hire Limited at 411 Long Acre, Birmingham and camed out two main functons as both tool and workwear hire
Nigel Walton was appointed as the company director and mital funding was sought from Peak Cashflow Limited who secured their position with a debenture over the company’s assets
Administrators' statement of proposals (2011-08-16) · Companies House register