Saferock Minerals Ltd (08269291): administration
- Status
- Administration ended
- Administration began
- 2019-12-19
- Administrators
- Kenneth William Touhey
- Administrators' firm
- Ken Touhey of Insolvency and Recovery
- Incorporated
- 2012-10-26
- Location
- Worthing
- Industry
- 46900 Non-specialised wholesale trade
Why it went into administration
- Funding withdrawn / unable to refinance
- Property / lease costs
From the administrators' statement
The Company was incorporated in October 2012. its primary purpose was to research and develop a mineral resource that would be used in agriculture as an organic fertiliser and soil enricher.
The mineral was located in Northern Ireland and a site in County Tyrone was purchased by an associated company, Rock Minerals Limited, in March 2012.
Rock Minerals Limited (‘RML’) is an asset holding company with the above freehold site being its only tangible asset.
Administrators' statement of proposals (2020-02-20) · Companies House register