Benders UK Holdings Limited (06059063): administration
- Status
- Administration ended
- Administration began
- 2012-08-24
- Administrators
- Brian Green, Paul Nicholas Dumbell, Paul Andrew Flint
- Administrators' firm
- KPMG
- Incorporated
- 2007-01-19
- Location
- Manchester
- Industry
- 17219 Manufacture of other paper and paperboard containers
Why it went into administration
- Cash flow / liquidity pressure
- Sustained trading losses
From the administrators' statement
The Company was incorporated in January 2007 and was the holding company of its wholly owned trading subsidiary, FBL FBL 1s a napkin and paper cup manufacturer
Holdings and FBL have been underperforming and due to resultant cash constraints were struggling to service their current levels of debt As such, Holdings’ management considered the possibility of a solvent sale of Holdings, and instructed a corporate finance firm, Coombes, to market Holdings for sale
27 September 2012
Administrators' statement of proposals (2012-10-09) · Companies House register