Petrofuse International Ltd (07089300): administration
- Status
- Administration ended
- Administration began
- 2012-01-16
- Administrators
- Christopher Nigel Mckay, Christoper Kenneth Williams
- Administrators' firm
- FRP Advisory
- Incorporated
- 2009-11-27
- Location
- Norwich
- Industry
- 2524
Why it went into administration
- Funding withdrawn / unable to refinance
- Competition / price pressure
From the administrators' statement
The Company was incorporated on 27 November 2009 with the aim to design, develop,
manufacture and market a range of products for petrol filling stations The shareholders are Astoncrest Consultants Limited (“Astoncrest”) holding 72% and Mr
Robert Allen (“the director’) holding 28%
Administrators' statement of proposals (2012-02-28) · Companies House register