Panel Technology Holdings Limited (06305020): administration
- Status
- Administration ended
- Administration began
- 2013-02-05
- Administrators
- Paul David Allen, Geoffrey Paul Rowley
- Administrators' firm
- FRP Advisory
- Formerly
- Bcomp 331 Limited
- Incorporated
- 2007-07-06
- Location
- London
- Industry
- 70100 Activities of head offices
Why it went into administration
- Cash flow / liquidity pressure
- Creditor pressure / legal action
From the administrators' statement
The Company's principle activity is the manufacture of panels and components for various industrial customers, predominantly within the automotive sector It was incorporated in July 1994 and trades from leasehold premises in Hinckley, Leicestershire. The site itself has been operating for a number of years although ownership has changed a number of times.
The current owner, Panel Technology Holdings Limited (°PTHL”) purchased the shares of the trading company, Panel Technology Limited on 31 August 2007 from Sertec Group Limited. PTHL is a non trading holding entity without assets other than the shareholding in the Company and is essentially dormant.
‘and Wolos under ihe Limited Uiobilly Partnerships Act 2000 as o United Pornernp Number OC355450
Administrators' statement of proposals (2013-04-09) · Companies House register