Building Product Solutions Limited (06882217): administration
- Status
- Administration ended
- Administration began
- 2023-04-06
- Administrators
- Joanne Louise Hammond, Gareth David Rusling
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2009-04-20
- Location
- Northampton
- Industry
- 22290 Manufacture of other plastic products
Why it went into administration
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Supply chain disruption
- Loss of a key customer, supplier or contract
From the administrators' statement
The Company was incorporated on 20 April 2009 with lan Harrison (“IH”) being the founding director. The Company specialised in the manufacturing of UPVC window and door frames and began trading from the director's residential address.
in the initial period of trading, the Company procured the frames and glass from a local trade supplier within the industry. However, as trading was successful, the Company sought to open new premises to facilitate larger stock holdings and set up a manufacturing site. Consequently, the Company moved to leased trading premises situated at Unit 30 Commercial Road, Goldthorpe Industrial Estate, Rotherham, S63 9BL (“Unit 30”) and the Company began manufacturing its own units. The Company later acquired Unit 30.
As the business developed, an extension was added to Unit 30, a dedicated glass plant, which enabied the Company to fully manufacture its own sealed units. A short time afterwards, an additional extension was added to Unit 30 which facilitated the holding of manufactured stock, with a final extension to the side of the premises, providing the Company with its own glazing facility.
Administrators' statement of proposals (2023-05-26) · Companies House register