Greenworld Fuels Limited (07386475): administration
- Status
- Administration ended
- Administration began
- 2014-04-16
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2010-09-23
- Location
- London
- Industry
- 70100 Activities of head offices
Why it went into administration
- Creditor pressure / legal action
- HMRC / tax arrears
- Rising costs / inflation
- Cash flow / liquidity pressure
From the administrators' statement
The Administrators’ statement of proposals for achieving the purpose of the administration which will be sent to creditors as soon as practicable will provide detailed information in relation to the Company However, to assist creditors who may have a limited understanding of the Company and its affairs to better understand the reasons for the pre-packaged sale, we have provided certain background information at this stage
The Company was incorporated and commenced trading in September 2010 It is primanily involved tn developing the technology associated with the bio fuel industry
The Company has recently been financed by ongoing capital being injected by the directors The reasons for the Company’s insolvency
Administrators' statement of proposals (2014-06-16) · Companies House register