CPFL Realisations Limited (06780847): administration
- Status
- Administration ended
- Administration began
- 2024-05-13
- Administrators
- James Ashley Dowers, James Hawksworth
- Administrators' firm
- RSM
- Formerly
- Celloglas Limited; Newcelloco Limited
- Incorporated
- 2008-12-29
- Location
- Manchester
- Industry
- 17290 Manufacture of other articles of paper and paperboard n.e.c.
Why it went into administration
- HMRC / tax arrears
- Creditor pressure / legal action
- COVID-19
- Energy costs
- Sustained trading losses
From the administrators' statement
Relevant extracts from the Company’s audited and statutory financial statements, and management accounts, are summarised below.
Period ended FY21 FY22 FY23 2 Months to (£,000) (Audited) |(Statutory) | (Management) 29 Feb 2024 (Management) Turnover 9,056 10,136 9,812 1,479 Gross 2,927 3,276 3,329 524 profit/(loss) Net profit/(loss) 502 297 (109) (105) Dividends paid 688 A60 441 79
Administrators' statement of proposals (2024-05-21) · Companies House register