Lupfaw 365 Limited (08429274): administration
- Status
- Administration ended
- Administration began
- 2022-06-15
- Administrators
- Philip Edward Pierce, Philip James Watkins
- Administrators' firm
- FRP Advisory
- Incorporated
- 2013-03-04
- Location
- Manchester
- Industry
- 70100 Activities of head offices
Why it went into administration
- COVID-19
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
From the administrators' statement
A detailed overview of the events leading to the appointment of the Joint Administrators is included in Appendix C, however a summary of the events is included below.
for a et
The Group had come under increasing financial pressure throughout 2021 due to the performance of the Web Print Divisions. Challenges were attributed to a combination of (1) inherent industry challenges and supply issues; and (2) challenges created by the COVID-19 pandemic.
Administrators' statement of proposals (2022-07-04) · Companies House register