Crown Architectural Aluminium Limited (06455794): administration
- Status
- Administration ended
- Administration began
- 2013-04-24
- Incorporated
- 2007-12-18
- Location
- Droitwich
- Industry
- 43342 Glazing
Why it went into administration
- Sustained trading losses
- HMRC / tax arrears
- Weather / natural events
- Parent or group failure
From the administrators' statement
Crown Architectural Aluminium Limited began trading in 2007 from premises in Newton Abbot centre as a local company specialising tn the supply and installation of aluminium windows , doors and curtain walling to a mainly commercial client base, we were a specialist business added to a group with complementary offerings
initial Trading was positive during 2007 There was then a general economic decline which resulted ina reduction in sales, in particular to the property market which was starting to stagnate Profit margins became under increasing year on year pressure culminating in a position in 2011 where there was significant crown arrears and the potential of a petition for the Company to be wound up presented in the short term
In mid 2011 Stuart Burgin purchased shares tn AGS Southern Limited and became a director of the “group” companies in order to attempt to tumaround the companies The Companies, AGS (Home Improvements) Limited, Crown Architectural Limited and Causeway Group Trading Limited traded independently whilst some trading did extst between them There are common Directors and shareholders
Administrators' statement of proposals (2013-06-20) · Companies House register