SPL (Realisation 2018) Limited (07344247): administration
- Status
- Administration ended
- Administration began
- 2018-11-14
- Administrators
- Joseph Walter Colley, John Anthony Dickinson
- Administrators' firm
- Begbies Traynor
- Formerly
- Steller Packing Limited
- Incorporated
- 2010-08-12
- Location
- London
- Industry
- 82990 Other business support service activities n.e.c.
Why it went into administration
- Loss of a key customer, supplier or contract
- Creditor pressure / legal action
From the administrators' statement
The Company was formed on 12 August 2010 by a former director, Andrew Wills, to act as a special purpose vehicle for the acquisition of the business and assets of Steller UK Limited (company registration number 05324834), a company which was placed into administration on 24 August 2010.
The Company’s principle activity was as a British Retail Consortium accredited contract packer and worked with a wide variety of different clients across a spectrum of industries.
Over the past 12 months, the Directors placed greater emphasis on a new contract with the major chent which generated approximately 60% of the Company’‘s total income. Investment was made in new production equipment and facilities required to fulfil the client’s contract.
Administrators' statement of proposals (2018-12-27) · Companies House register