# Fablink Group Holdings Limited (10648520)

> Why UK company 10648520 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/10648520

- **Status:** Administration ended
- **Administration began:** 2024-09-12
- **Administrators:** Christopher Robert Pole, Ryan Kevin Grant
- **Administrators' firm:** Interpath Advisory
- **Formerly:** HC1281 Limited
- **Incorporated:** 2017-03-02
- **Location:** Birmingham
- **Industry:** 25110 Manufacture of metal structures and parts of structures

## Why it went into administration

- Cash flow / liquidity pressure
- Loss of a key customer, supplier or contract
- Rising costs / inflation
- Funding withdrawn / unable to refinance
- Bad debts / customer insolvency

## From the administrators' statement

The Company was incorporated in March 2017 and operated as a holding company for the entities in the Group as detailed in Section 2. The company had no employees, and its principal asset was the 5 trading entities it owned.

3.2 Funding and financial position of the Company

The Company was primarily funded by the Bank who provided a loan under the Recovery Loan Scheme (‘RLS’), a Revolving Credit Facility (‘RCF’) and a chattels mortgage. At the time of our appointment, the indebtedness totalled £8.4 million. A cross-guarantee is held by the Bank over all Group entities for this indebtedness.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/10648520/filing-history/MzQzNzUyNDc4MWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/10648520

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.