AFC Anodising & Powder Coating Ltd (10024446): administration
- Status
- Administration ended
- Administration began
- 2017-03-17
- Administrators
- Sean Williams, John Malcolm Titley
- Administrators' firm
- Leonard Curtis
- Incorporated
- 2016-02-24
- Location
- Leeds
Why it went into administration
- HMRC / tax arrears
- Property / lease costs
- Cash flow / liquidity pressure
From the administrators' statement
The Company was incorporated on 24 February 2016 in order to acquire the business and assets of AFCA. The acquisition from AFCA completed on 16 March 2016 and the Company commenced to trade as AFC Anodising & Powder Coating Limited on 17 March 2016.
The principal trading activity of the Company was metal finishing services and anodising to the yacht building industry.
The majority of the products produced by the Company were supplied on a free issue basis, processed and then delivered back to the customers, the majority of whom are based within 20 miles of the Company's single trading facility.
Administrators' statement of proposals (2017-05-26) · Companies House register