F-Board Limited (06301500): administration
- Status
- Administration ended
- Administration began
- 2016-08-12
- Administrators
- Steven Elliott
- Incorporated
- 2007-07-04
- Location
- Swindon
- Industry
- 22210 Manufacture of plastic plates, sheets, tubes and profiles
Why it went into administration
- Loss of a key customer, supplier or contract
- Funding withdrawn / unable to refinance
- Property / lease costs
- Sustained trading losses
From the administrators' statement
| have received extremely detailed background information and narrative histones from vanous directors, as well as a number of other stakeholders My original plan was to summanise those here but the range of views expressed by the parties diverges greatly Pending my further investigations, | will simply recount the most basic of facts
The company was incorporated in July 2007 to further the worked started some years earlier by Alister Gower, who had developed vanous prototypes for plastic scaffold boards as a viable and far supenor altemative to the traditional wooden board
As the product developed into production, the company took leases on two units at Prothero Industnal Estate, in Wednesbury and added a recycling plant as a second facet to Its operations That enabled the company to process scrap UPVC windows and doors and use the granulated output to manufacture the plastic scaffold boards
Administrators' statement of proposals (2016-10-18) · Companies House register