F & R Timber Products Limited (07697262): administration
- Status
- Administration ended
- Administration began
- 2012-10-26
- Administrators
- William James Wright, Christopher Robert Pole
- Administrators' firm
- KPMG
- Incorporated
- 2011-07-07
- Location
- Nottingham
- Industry
- 31090 Manufacture of other furniture
Why it went into administration
- Loss of a key customer, supplier or contract
- Cash flow / liquidity pressure
- Sustained trading losses
From the administrators' statement
The Company operated from a single leasehold site in Heanor and its principal activity was the manufacture of timber furniture frames, supplying a small number of customers, including one particular customer who comprised 40-50 % of the business.
The Company was incorporated in July 2011 from a partnership, which had previously traded for approximately 25 years Two of the directors of the Company were also the former partners
Administrators' statement of proposals (2012-12-28) · Companies House register