Silver Spring Soft Drinks Limited (06838247): administration
- Status
- Administration ended
- Administration began
- 2012-09-28
- Administrators' firm
- Kroll
- Formerly
- Privet Newco 2 Limited
- Incorporated
- 2009-03-05
- Location
- Manchester
- Industry
- 11070 Manufacture of soft drinks; production of mineral waters and other bottled waters
Why it went into administration
- Creditor pressure / legal action
- Weather / natural events
- Rising costs / inflation
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- HMRC / tax arrears
From the administrators' statement
2.1 The Company fs based in Folkestone, Kent, employs 83 staff and is one of the UK’s largest independent manufacturers of soft drinks. The main activities of the Company are as follows.
• Production of own brands, “Perfectly Clear” and “1870”, using natural spring water.
• Production of own tabelled brands for retailers and supermarkets.
Administrators' statement of proposals (2012-11-20) · Companies House register