Graft Solutions Limited (08385913): administration
- Status
- Administration ended
- Administration began
- 2019-05-22
- Administrators
- Mark Patterson, Simon Edward Jex Girling
- Administrators' firm
- BDO
- Incorporated
- 2013-02-01
- Location
- Liverpool
- Industry
- 82990 Other business support service activities n.e.c.
Why it went into administration
- Supply chain disruption
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Creditor pressure / legal action
From the administrators' statement
The Company was incorporated on 1 February 2013. The Company specialised in providing sourcing and supply chain management support for marketing campaigns from the premises of Howard Hunt (City) Limited (‘HHC’), an associated company, located at 2 Masthead Close, Dartford, DA2 6QF.
The Company operated within the Howard Hunt Group (‘the Group’) which comprised 17 companies. The ultimate parent company is Howard Hunt Mail Limited (‘HHM’).
The Company’s latest trading results reported net profits before tax of £295k for the six month period ending 31 March 2019 (£396k for the financial year ended 30 September 2018).
Administrators' statement of proposals (2019-07-25) · Companies House register