Pelaw Packaging NE Limited (08266736): administration
- Status
- Administration ended
- Administration began
- 2013-12-04
- Administrators
- S Williams, Philip Deyes
- Administrators' firm
- Leonard Curtis
- Formerly
- Border Forklift Services Limited
- Incorporated
- 2012-10-24
- Location
- Leeds
- Industry
- 17219 Manufacture of other paper and paperboard containers
Why it went into administration
- HMRC / tax arrears
- Creditor pressure / legal action
From the administrators' statement
Pelaw was incorporated in October 2012 and began trading in January 2013 following the purchase of the business and assets of Pelaw Pack and PKG Limited from the Liquidators, John Russell and Gareth Rusling of The P&A Partnership The Director, David Proctor, has advised that the assets purchased consisted of office furniture, plant and equipment, stock, work in progress and intellectual property and that these assets were purchased for £20k Pelaw also acquired the trading style 'Pelaw Packaging’
The Company traded as a manufacturer of cardboard packaging The Company operated with an invoice finance facility provided by Aldermore Invoice Finance (“Aldermore”)
From the outset, the Company struggled to maintain the payments in respect of PAYE and overhead costs Confident that the Company would succeed the director continued fo invest further funds to the Company.
Administrators' statement of proposals (2014-01-15) · Companies House register