Stayput Systems Limited (06518684): administration
- Status
- Administration ended
- Administration began
- 2013-06-17
- Formerly
- Lawgra (No.1479) Limited
- Incorporated
- 2008-02-29
- Location
- London
- Industry
- 32990 Other manufacturing n.e.c.
Why it went into administration
- Creditor pressure / legal action
From the administrators' statement
The Company was incorporated on 29 February 2008 In the name of LAWGRA (No. 1479) Limited and tt subsequently changed tts name to Stayput Systems Limited on the 15 May 2008
The company was set up to manufacture and sell clothing tags that enable identification of clothes to those that own the clothes It was principally funded by loans from the directors and an overdraft facility from the AIB
Although substantial sums were injected into the company by the directors, turnover has never been significant and not exceeded £350,000 per annum. The company also had disagreements amongst its management which
Administrators' statement of proposals (2013-07-09) · Companies House register