Glenborough Aerospace Limited (06216536): administration
- Status
- Administration ended
- Administration began
- 2015-07-20
- Incorporated
- 2007-04-18
- Location
- Derby
- Industry
- 25110 Manufacture of metal structures and parts of structures
Why it went into administration
- Loss of a key customer, supplier or contract
- Bad debts / customer insolvency
From the administrators' statement
As I have reported to creditors previously, the Directors of the Company consulted with the Company’s external accountant and with Cirrus Professional Services, as a result of concerns over the financial position of the Company
In summary, the Directors attribute the failure of the Company, to the following issues:
« one of the Company's two main customers, had (at the end of June 2015) not placed an order for some 5 weeks,
Administrators' statement of proposals (2015-09-14) · Companies House register