# AWS Group Holdings Ltd (06526542)

> Why UK company 06526542 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/06526542

- **Status:** Administration ended
- **Administration began:** 2012-10-31
- **Administrators:** Daniel Francis Butters, Dominic Lee Zoong Wong
- **Administrators' firm:** Deloitte
- **Formerly:** Broomco (4139) Limited
- **Incorporated:** 2008-03-06
- **Location:** Leeds
- **Industry:** 27320 Manufacture of other electronic and electric wires and cables

## Why it went into administration

- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure

## From the administrators' statement

Despite protracted discussions, AGH’s shareholders have been unable to agree on the basis for the new investment (circa £1m to £1.5m) which was required to provide the Group with medium term liquidity headroom

On 1} June 2012, the Bank instructed Deloitte LLP to undertake a review of the Group's short term cash flow forecast and also review the Bank’s options in respect of its future lending strategy towards the Group

Further to that review, the Bank then instructed Deloitte LLP (on 28 June 2012) to market the Group's share capital and/or business & assets for sale This marketing process is covered in

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/06526542/filing-history/MzA2OTQ5MTI2MGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/06526542

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.