Metallon Corporation Limited (06223345): administration
- Status
- In administration
- Administration began
- 2024-02-15
- Administrators
- Clare Lloyd, Henry Anthony Shinners
- Administrators' firm
- Evelyn Partners
- Formerly
- Metgold Limited; Metallon Corporation Limited; Redwing UK Metallon Corporation Limited; Redwing UK Limited
- Incorporated
- 2007-04-23
- Location
- London
- Industry
- 70100 Activities of head offices
Why it went into administration
- Creditor pressure / legal action
From the administrators' statement
Clare Lloyd and Henry Anthony Shinners are both qualified insolvency practitioners and authorised and licensed by the Institute of Chartered Accountants in England and Wales. As proposed joint administrators, statements and consents to act were provided by both on 9 February 2024.
Evelyn Partners (when formerly known as Smith & Williamson) were first introduced to the Company in 2019, when Henry Shinners was appointed as the joint liquidator of the Company. This prior relationship has been previously disclosed and is set out at Appendix Il. Following the Company's solvent exit from the liquidation at the end of 2019, it continued its business.
Sometime thereafter, a claim was issued against the Company, which was protracted and subsequently resulted in that creditor petitioning the Court to have the Company wound up by way of compulsory liquidation.
Administrators' statement of proposals (2024-04-26) · Companies House register