Denner Environmental Business Products Ltd (14502523): administration
- Status
- In administration
- Administration began
- 2025-03-27
- Administrators
- Benjamin Neil Jones, Arvindar Jit Singh
- Administrators' firm
- FRP Advisory
- Incorporated
- 2022-11-23
- Location
- Birmingham
- Industry
- 46900 Non-specialised wholesale trade
Why it went into administration
- HMRC / tax arrears
- Funding withdrawn / unable to refinance
- Rising costs / inflation
- COVID-19
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Supply chain disruption
- Loss of a key customer, supplier or contract
- Property / lease costs
- Credit insurance / supplier credit withdrawn
From the administrators' statement
The Company was established as a SPV to acquire the business and certain assets from a UK corporate by its parent Denner Group GmbH (incorporated in Austria) in April 2023.
Its principal activity was the remanufacturing of inject cartridges for UK and European retailers and office suppliers. The Company is part of a larger group primarily based in Austria.
The Company operated from the leasehold Property, and also served as its registered office. The Company employed 59 employees who were all based at the Property.
Administrators' statement of proposals (2024-05-25) · Companies House register