CGTR 2020 Realisations Limited (10126446): administration
- Status
- Administration ended
- Administration began
- 2020-06-29
- Administrators
- Lyn L Vardy, Robert Andrew Croxen, Mark Granville Firmin
- Administrators' firm
- Alvarez & Marsal
- Formerly
- Customade Group Trading Limited; Polyframe Group Limited; Cairngorm Acquisitions 1 Ltd
- Incorporated
- 2016-04-15
- Location
- Brighton
- Industry
- 22230 Manufacture of builders ware of plastic
Why it went into administration
- Parent or group failure
- HMRC / tax arrears
- Funding withdrawn / unable to refinance
- Cyber attack / IT failure
From the administrators' statement
‘The Group is an integrated manufacturer and distributor of windows and doors, primarily for
sale to trade Insulation companies and trade centre businesses which supply small builders and local tradesmen. The main fabricated products manufactured are PVCU windows and doors, aluminium windows, doors and roofs, and’ composite doors.
The Company was incorporated on 15 April 2016 and historically acted as an intermediate holding company in the Group. It did not trade but did incur some group related overheads and interest charges on loans. On 28 February 2019, the Group underwent a corporate simplification exercise to reduce the number of statutory entities. Following this, the
Administrators' statement of proposals (2020-07-17) · Companies House register