Mold Systems (Europe) Ltd (12178966): administration
- Status
- Administration ended
- Administration began
- 2022-11-28
- Administrators
- Daryl Warwick, Michael Christian Kienlen
- Administrators' firm
- RSM
- Incorporated
- 2019-08-29
- Location
- Leeds
- Industry
- 28490 Manufacture of other machine tools
Why it went into administration
- COVID-19
- Energy costs
- HMRC / tax arrears
- Brexit
From the administrators' statement
The Company was incorporated as Mold Systems (Europe) Ltd on 29 August 2019 and it was formed following a management buyout of Mold Systems Ltd, via an insolvency process. The Company specialised in producing high precision tools and injection moulding and commenced trading shortly after incorporation, with David Kinnard as the sole director.
Antony Simon was appointed as a director on 11 September 2019 and Kevin Stone on 21 July 2020. Kevin Stone later resigned as director on 30 June 2021.
Kevin Stone previously held 2 Ordinary shares in the Company however these were transferred to David Kinnaird on 28 August 2021 upon Kevin's resignation as a director.
Administrators' statement of proposals (2024-04-27) · Companies House register