Automated Paint Technologies Ltd (12335005): administration and why it failed

Automated Paint Technologies Ltd (12335005): administration

Status: Administration ended
Administration began: 2021-11-01
Administrators: Paul William Harding, Gareth David Wilcox
Administrators' firm: Opus Restructuring
Formerly: TWP (Newco) 157 Limited
Incorporated: 2019-11-26
Location: Milton Keynes
Industry: 29320 Manufacture of other parts and accessories for motor vehicles

Why it went into administration

Creditor pressure / legal action
Property / lease costs
Sustained trading losses

From the administrators' statement

3.1.

3.2.

3.3.

Administrators' statement of proposals (2021-12-18) · Companies House register

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Automated Paint Technologies Ltd (12335005): administration

Why it went into administration

From the administrators' statement

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Automated Paint Technologies Ltd (12335005)