Magnadata Holdings Limited (06301686): administration
- Status
- Administration ended
- Administration began
- 2015-07-30
- Administrators
- Robert David Adamson, Roderick John Weston
- Administrators' firm
- Mazars
- Formerly
- Norprint Group Limited
- Incorporated
- 2007-07-04
- Location
- Leeds
- Industry
- 18129 Printing n.e.c.
Why it went into administration
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Loss of a key customer, supplier or contract
- Parent or group failure
- Competition / price pressure
From the administrators' statement
The Company was incorporated on 4 July 2007 under the name of Norprint Group Limited On 15 February 2012 the Company changed its name to Magnadata Holdings Limited
The Company was part of the Magnadata Group (the Group’) The Group s principal
activity was a leading global supplier of magnetic and RFID ticket and label products to an international customer base The Group operated from trading premises at Homceastle Road
Administrators' statement of proposals (2015-09-30) · Companies House register