# Marsden Smith Limited (06044825)

> Why UK company 06044825 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/06044825

- **Status:** Administration ended
- **Administration began:** 2013-10-31
- **Administrators:** Daniel Plant, Simon Franklin Plant
- **Administrators' firm:** FRP Advisory
- **Incorporated:** 2007-01-08
- **Location:** London
- **Industry:** 26120 Manufacture of loaded electronic boards

## Why it went into administration

- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Bad debts / customer insolvency
- Loss-making contracts / project overruns
- Sustained trading losses
- Credit insurance / supplier credit withdrawn
- Competition / price pressure

## From the administrators' statement

Albeit that statutory information is contained in Appendix Il, these Proposals provide bnef details in relation to the Company's history

The Company was incorporated on 8 January 2007 to act as a vehicle to purchase the business and assets of its associated predecessor, Seatech The Company continued the trade of Seatech, operating as a provider of electronic manufacturing services

According to Companies House, the Company had no previous names and as at the date of Administration, Mr Smith was the Company's solely appointed director Mr Matthews was registered as Company Secretary and a full list of historic appointments 1s attached to this report

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/06044825/filing-history/MzA4OTM5MDM1N2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/06044825

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.