# A P V Marine Limited (06707173)

> Why UK company 06707173 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/06707173

- **Status:** Administration ended
- **Administration began:** 2024-07-22
- **Administrators:** Stephen Powell, Julie Anne Palmer, Simon John Lowes
- **Administrators' firm:** Begbies Traynor
- **Incorporated:** 2008-09-25
- **Location:** Ocean Way
- **Industry:** 30120 Building of pleasure and sporting boats

## Why it went into administration

- Cash flow / liquidity pressure
- COVID-19
- Funding withdrawn / unable to refinance
- Brexit

## From the administrators' statement

The Company was formed to facilitate the acquisition of Picton Boats in February 2009, based in South Wales.

Picton Boats has designed and brought to market the original Cobra brand RIBs which were well received by

the market.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/06707173/filing-history/MzQzMDQxMTQ4M2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/06707173

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