Grono Lawns Limited (06913887): administration
- Status
- Administration ended
- Administration began
- 2023-01-16
- Administrators
- Conrad Alexander Pearson, Patrick Alexander Lannagan
- Administrators' firm
- Mazars
- Formerly
- Growno Lawns Limited
- Incorporated
- 2009-05-22
- Location
- Manchester
- Industry
- 46110 Agents selling agricultural raw materials, livestock, textile raw materials and semi-finished goods
Why it went into administration
- HMRC / tax arrears
- Supply chain disruption
- Rising costs / inflation
- Sustained trading losses
- COVID-19
- Funding withdrawn / unable to refinance
- Loss of a key customer, supplier or contract
From the administrators' statement
In the following paragraphs, the Administrators provide their understanding of the events which preceded the appointment of Administrators following their discussions with management and the information available on the public record.
The Company was incorporated on 22 May 2009 as Growno Lawns Limited with the name being changed almost immediately to the current Grono Lawns Limited in the following month.
The Company was founded by Lionel Gilmartin who has been a director of the Company for most of its trading history (the most recent period being from 8 June 2017 to 13 October 2022 when he resigned following a change in ownership structure of the business). Mr Gilmartin also held the majority shareholding in relation to the Company for most of its history up to October 2022 with various individuals holding minority stakes over that period.
Administrators' statement of proposals (2023-01-24) · Companies House register