# Metstok Metals Group Limited (11949836)

> Why UK company 11949836 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/11949836

- **Status:** Administration ended
- **Administration began:** 2020-03-17
- **Administrators:** Benjamin John Wiles, Geoffrey Wayne Bouchier
- **Administrators' firm:** Kroll
- **Incorporated:** 2019-04-16
- **Location:** London
- **Industry:** 64209 Activities of other holding companies n.e.c.

## Why it went into administration

- Competition / price pressure

## From the administrators' statement

« Due to the delays in repayment to ExWorks, ExWorks became concerned regarding the repayment of the outstanding balance due from the Company

• In addition on 28 February 2020 the guarantor of the facility ML entered Administration.

« Asaresult. ExWorks sought the advice of the Duff & Phelps and the decision was made to place the Company into Administration.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/11949836/filing-history/MzI2NTAxMTQ1N2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/11949836

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