CPS Building Plastics Limited (05927097): administration
- Status
- Administration ended
- Administration began
- 2013-09-16
- Administrators
- John Malcolm Titley, Andrew Poxon
- Administrators' firm
- Leonard Curtis
- Formerly
- Cheshire Building Plastics Limited
- Incorporated
- 2006-09-06
- Location
- Manchester
- Industry
- 46130 Agents involved in the sale of timber and building materials
Why it went into administration
- Competition / price pressure
- Creditor pressure / legal action
- Property / lease costs
From the administrators' statement
The Company was incorporated on 6 September 2006 and commenced trading following the purchase of the business and assets of CPS Administration Limited (“CPSAL’), which entered administration on 21 August 2007
The Company operated from the Premises and supplied building plastics to independent local window installers and small domestic/residential builders
Unti! 2010, the Company's tumover was consistent at around c£780k per year This was sufficient to meet all overheads and yield annual net profits of c£30k
Administrators' statement of proposals (2013-11-12) · Companies House register