Bulk Products Limited (07080681): administration
- Status
- Administration ended
- Administration began
- 2020-03-20
- Incorporated
- 2009-11-18
- Location
- Preston
- Industry
- 20412 Manufacture of cleaning and polishing preparations
From the administrators' statement
3.1 As detailed earlier in the report, it became apparent that larger funding was required than what was available to the Company. Creditor levels began to rise and various creditors began to issue threats to wind up the Company.
3.2 As mentioned in paragraph 2.28 a second NO! was filed at Court on 10 March 2020. This was subsequently served on the Company’s floating charge holders, namely, Active Brands Limited and Bibby Financial Services Ltd. ,
3.3 On 20 March 2020, the a director of the Company, namely, Timothy Aidan Loxston, appointed Clive Morris of Marshail Peters as Administrator in accordance with Schedule B1 Paragraph 22 of the Insolvency Act.
Administrators' statement of proposals (2020-04-25) · Companies House register