Hielaman Limited (06983599): administration
- Status
- Administration ended
- Administration began
- 2014-12-03
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2009-08-06
- Location
- Salisbury
- Industry
- 46750 Wholesale of chemical products
Why it went into administration
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Sustained trading losses
From the administrators' statement
The Company was incorporated on 6 August 2009 and operated from leasehold premises in Poole The Company supplied paint applicators and owned the Tribos brand to aid paint protection to the Automotive and Marine markets
In the Automotive industry the Company operated through a number of distributors mainly in Asia Within the Marine industry tt distributed the Tribos products through a network of licensed applicators
The Company generated revenue of £882,544 and £586,511 in 2013 and 2012 respectively although the Company was always loss making The Company employed 5 members of staff and had 13 subcontractors
Administrators' statement of proposals (2015-02-04) · Companies House register