Tinsley Special Products Limited (06225686): administration and why it failed

Tinsley Special Products Limited (06225686): administration

Status: Administration ended
Administration began: 2014-11-07
Administrators' firm: Baker Tilly Restructuring and Recovery
Incorporated: 2007-04-25
Location: Gosforth
Industry: 25990 Manufacture of other fabricated metal products n.e.c.

Why it went into administration

Funding withdrawn / unable to refinance
Cash flow / liquidity pressure
HMRC / tax arrears
Loss of a key customer, supplier or contract

From the administrators' statement

Relevant extracts from the company’s management accounts are summarised below:

IWK/ADK/SJB/PMK/LSF/1067796/7/ADMP0790-2010vV260814

5 months Year ended

Administrators' statement of proposals (2014-12-30) · Companies House register

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Tinsley Special Products Limited (06225686): administration

Why it went into administration

From the administrators' statement

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Tinsley Special Products Limited (06225686)