Tower PET Products UK Limited (06828545): administration
- Status
- Administration ended
- Administration began
- 2022-05-18
- Administrators
- Sarah Louise Burge
- Administrators' firm
- RSM
- Incorporated
- 2009-02-24
- Location
- Grimsby
- Industry
- 10920 Manufacture of prepared pet foods
Why it went into administration
- COVID-19
- Competition / price pressure
From the administrators' statement
Creditors should note that, unless otherwise stated, this section of my proposals has been prepared based on information provided to me by the directors of the Company and not from my personal Knowledge as Administrator.
The Company was incorporated in February 2009 and traded as a manufacturer, wholesaler and online retailer of pet food products. Over the years, the Company expended its product range and developed its trade customer base and internet sales. It traded from leased premises in Grimsby.
The Company was financed by bank borrowing secured by way of fixed and floating charges over the Company’s assets and by loan from its director and shareholders.
Administrators' statement of proposals (2022-05-25) · Companies House register