Welded Mesh Industries Limited (06516174): administration
- Status
- Administration ended
- Administration began
- 2019-11-22
- Administrators' firm
- Dow Schofield Watts
- Incorporated
- 2008-02-27
- Location
- Warrington
- Industry
- 32990 Other manufacturing n.e.c.
Why it went into administration
- Cash flow / liquidity pressure
From the administrators' statement
The Company was incorporated on 27 February 2008 with Graham Delooze and Lucian Jan Delooze appointed as directors of the Company. The Company’s issued share capital consisted of 100 ordinary shares, with each holding 50 ordinary shares.
The Company operated as a production company which solely provided services to a connected company, Multi Weldmesh Limited (“Multi Weldmesh”). The Company traded from premises which were owned by Multi Weldmesh at Heasandford Industrial Estate, Widow Hill Road, Burnley, Lancashire, BB10 27).
In July 2008, the Company obtained an overdraft facility with National Westminster Bank Plc (“Natwest”). Natwest were granted fixed and floating charges over the Company’s assets as security for the facility.
Administrators' statement of proposals (2020-01-16) · Companies House register