MGL Distribution Limited (07765695): administration
- Status
- Administration ended
- Administration began
- 2014-09-04
- Administrators
- Geoffrey Paul Rowley, Andrew Martin Sheridan, Thomas Campbell Maclennan
- Administrators' firm
- FRP Advisory
- Formerly
- Thorents Limited
- Incorporated
- 2011-09-07
- Location
- Bristol
- Industry
- 99999 Dormant Company
Why it went into administration
- Parent or group failure
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Property / lease costs
- Sustained trading losses
- Competition / price pressure
From the administrators' statement
MGL Distribution Limited (the Company”) was incorporated as Thorents Limited on 7 September \ 2011 The Company remained dormant from incorporation unt! 8 May 2014 when it purchased the
business and assets of the McArthur Group In Administration by way of what ts referred to as a pre-
pack sale Thorents Limited changed Its name to MGL Distribution Limited on 9 May 2014
Administrators' statement of proposals (2014-11-04) · Companies House register