Cygnet Plastics Ltd (12991447): administration
- Status
- In administration
- Administration began
- 2026-04-07
- Administrators
- Steven Muncaster, Hilary Pascoe
- Administrators' firm
- Leonard Curtis
- Incorporated
- 2020-11-02
- Location
- Manchester
- Industry
- 32990 Other manufacturing n.e.c.
From the administrators' statement
Following the completion of a pre-packaged sale of the Company’s business and assets on 7 April 2026 to Conwy Plastics Moulding Limited (CRN: 17040411) (“the Purchaser”), the Joint Administrators have prepared and issued an Initial Letter to Creditors together with this report providing further information pursuant to Statement of Insolvency Practice 16 (“SIP16”). This letter is attached at Appendix L of this report.
The Joint Administrators draw your attention to Section 2 of the SIP16, which provides a full explanation of the events leading up to Administration, the initial introduction and the Joint Administrators’ involvement. We do not believe that there are any significant personal or professional relationships between the Company or its directors and Leonard Curtis (“LC”), and we confirm that we carried out the appropriate conflict review prior to accepting the appointment.
Section 3 of the SIP16 provides background information regarding the Company and events leading up to the Joint Administrators’ appointment.
Administrators' statement of proposals (2026-04-22) · Companies House register