Vision Gelpack Limited (10954834): administration
- Status
- Administration ended
- Administration began
- 2019-02-28
- Administrators
- Benjamin John Wiles, Geoffrey Wayne Bouchier
- Administrators' firm
- Kroll
- Incorporated
- 2017-09-11
- Location
- London
- Industry
- 82990 Other business support service activities n.e.c.
Why it went into administration
- Sustained trading losses
- Weak consumer demand
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Loss of a key customer, supplier or contract
- Competition / price pressure
From the administrators' statement
Statutory information on the Company and a summary of its financial history is included at Appendix 1.
The Company was established on 11 September 2017 and specialised in the manufacture of high-performance flexible packaging, including food-grade film, liners and sacks for the food, beverage and industrial sectors.
The Company served a range of sectors from local authorities, waste and clinical waste management through to general industrial and food processing.
Administrators' statement of proposals (2019-05-03) · Companies House register