# CME Automation Systems Ltd (12606534)

> Why UK company 12606534 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/12606534

- **Status:** Administration ended
- **Administration began:** 2024-05-01
- **Administrators:** Stephen John Absolom, Howard Smith
- **Administrators' firm:** Interpath Advisory
- **Formerly:** Enact III Newco I Limited; Enact II Newco I Limited
- **Incorporated:** 2020-05-18
- **Location:** London
- **Industry:** 28930 Manufacture of machinery for food, beverage and tobacco processing

## Why it went into administration

- Funding withdrawn / unable to refinance
- COVID-19
- Sustained trading losses
- Cash flow / liquidity pressure

## From the administrators' statement

2.1. + Background information CME Automation Systems Limited was incorporated on 18 May 2020.

The Company was solely owned by CME Automation Holdings Limited (‘Holdco’), the group structure is shown below. The Company is outlined in blue.

The controlling shareholders of the Company were funds managed by the private equity firm Endless LLP, through its Enact fund (‘Enact’).

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/12606534/filing-history/MzQyMjEzOTM1NGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/12606534

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