Proofings Coated Fabrics Ltd (07853832): administration
- Status
- Administration ended
- Administration began
- 2024-03-14
- Administrators
- Rochelle Schofield, Mike Dillon
- Administrators' firm
- Leonard Curtis
- Incorporated
- 2011-11-21
- Location
- Manchester
- Industry
- 13990 Manufacture of other textiles n.e.c.
Why it went into administration
- HMRC / tax arrears
- COVID-19
- Cash flow / liquidity pressure
- Sustained trading losses
From the administrators' statement
The Company was incorporated on 21 November 2011 and commenced to trade shortly thereafter. Its principal activity was as a manufacturer of rubber and textile products for a variety of industries which included but was not limited to health and safety and defence.
The Company’s current directors are Mark Jones and Benjamin Mark Jones (“the Directors”). Benjamin Mark Jones was appointed on 29 February 2024 for the purpose of the directors being able to pass a valid resolution to place the Company into administration.
The current shareholding of the Company is 100 Ordinary shares with a nominal value of £1 per share. The Company’s shareholders are Mark Jones with 51 shares and the executor of Claire Serafain’s estate with 49 shares. It is understood that Benjamin Mark Jones is the executor.
Administrators' statement of proposals (2024-04-11) · Companies House register