# Cupral Group Ltd (11220506)

> Why UK company 11220506 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/11220506

- **Status:** Administration ended
- **Administration began:** 2024-04-10
- **Administrators:** Martyn James Pullin, David Antony Willis
- **Administrators' firm:** FRP Advisory
- **Formerly:** Tees Aluminium Limited
- **Incorporated:** 2018-02-22
- **Location:** Stockton on Tees
- **Industry:** 38210 Treatment and disposal of non-hazardous waste

## Why it went into administration

- Energy costs
- HMRC / tax arrears
- Creditor pressure / legal action
- Funding withdrawn / unable to refinance
- Sustained trading losses
- Parent or group failure

## From the administrators' statement

The Company was incorporated in February 2018 but did not commence trading until April 2021 when it was acquired by PT International Development Corporation Ltd (“Parent”) via Ko Bon Investment Holdings Ltd (both registered in Hong Kong).

It is understood that 90% of the share capital is held by KT Bon Investment Holdings Ltd with the remaining 10% held by private individuals.

The Company’s board consists of three overseas Corporate directors and one UK based individual director.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/11220506/filing-history/MzQxODc1MTYxNGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/11220506

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