Recipharm Steriles Limited (06360398): administration
- Status
- Administration ended
- Administration began
- 2013-03-04
- Administrators' firm
- Leonard Curtis
- Formerly
- Recipharm Limited
- Incorporated
- 2007-09-04
- Location
- Manchester
- Industry
- 21200 Manufacture of pharmaceutical preparations
Why it went into administration
- Sustained trading losses
- Regulatory change or action
- Creditor pressure / legal action
From the administrators' statement
The Company was incorporated on 04 September 2007 and commenced to trade in November 2007 following the purchase of the business and assets of Ashton Pharmaceuticals Limited - tn Administration The Company is part of the Recipharm Group, which has sites across Europe
The Company traded from leasehold premises at Bardsley Vale Mill, Ashton Under Lyne, Lancashire The principal trading activity of the Company was the manufacture of stenle and non stenle pharmaceutical products The Company employed over 250 staff
The Company has been funded by way of loans from its parent company, Recipharm AB, who hold secunty by way of a debenture created on 20 November 2007 The Company operated a bank account with Lloyds TSB Bank Pic (“Lloyds”)
Administrators' statement of proposals (2013-05-07) · Companies House register