M & L LIQ Limited (07010004): administration
- Status
- Administration ended
- Administration began
- 2015-10-06
- Formerly
- Marston & Langinger Limited; Howper 700 Limited
- Incorporated
- 2009-09-04
- Location
- Norwich
- Industry
- 16290 Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials
Why it went into administration
- Sustained trading losses
From the administrators' statement
The business was founded in the late 1970’s by Peter Marston to build practical and uncompromising design-led garden rooms, conservatories, greenhouses, lantern roofs, windows and orangeries It operated from a freehold premises in Fakenham and a leasehold office and showroom at Ebury Street, London
In July 2009 the predecessor company went in to a company voluntary arrangement following which sales reduced substantially and on 9 October 2015 went into administration Both sites were shut down and all the staff made redundant The Company purchased the business and assets on 16 October 2009
The share capital of the Company ts 100% owned by Martin Scott who became nonexecutive chairman of the Board of directors which also included the former managing and financial directors and Philip James The Company granted a legal charge over the freehold property and a debenture over all the assets to Martin Scott in October 2009 who proceeded to provide financial support to enable the Company to continue to trade
Administrators' statement of proposals (2015-11-09) · Companies House register