Fineline Aluminium Design Limited (12672039): administration
- Status
- Administration ended
- Administration began
- 2022-11-21
- Administrators
- Christopher Robert Pole, James Richard Clark
- Administrators' firm
- Interpath Advisory
- Formerly
- Hamsard 3567 Limited
- Incorporated
- 2020-06-15
- Location
- Leeds
- Industry
- 22230 Manufacture of builders ware of plastic
Why it went into administration
- Sustained trading losses
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
From the administrators' statement
The Company was incorporated on 15 June 2020 and is a specialist architectural glass designer, manufacturer, and installer. The Company had developed an ultra-slim framed aluminium system for windows and doors with customers based across the UK.
At the date of our appointment, the Company employed 54 members of staff including designers, production workers, and fitters, operating from leasehold premises near Brockworth, Gloucestershire.
The Company acquired the business and assets of FAL 2020 Realisations Limited (‘FAL 2020’) via a pre-pack administration on 29 June 2020, as part of a wider series of transactions funded by Nimbus Investments CXLII B.V (‘Nimbus’) who are the Company's ultimate owner.
Administrators' statement of proposals (2023-01-04) · Companies House register