AJN Signage LLP (OC332949): administration
- Status
- Administration ended
- Administration began
- 2013-08-09
- Administrators' firm
- Refresh Recovery
- Incorporated
- 2007-11-20
- Location
- Skelmersdale
Why it went into administration
- Bad debts / customer insolvency
- Competition / price pressure
- Weather / natural events
- Supply chain disruption
- Cash flow / liquidity pressure
- Loss of a key customer, supplier or contract
- Property / lease costs
- Sustained trading losses
From the administrators' statement
in February 2007 AJN Refurbishment Ltd, a Company under the contro! of Mr Andrew Noblett, began to undertake signage contracts for clients that they were currently trading with, mainly Rank Group and Odeon Cinema As the business grew a decision was made to employ Mr Philip Aspinall as the Signage Contracts Manager to oversee the signage works
Mr Aspinall had built up a considerable contact database from his previous involvement within this industry which had given AJN this opportuntty and that, combined with AJN Refurbishment Ltd's previous good trading history, enabled the Company to be granted such work At this point all works were outsourced and managed from the AJN Groups’ premises in Preston and within a short space of time the workload had increased and more clients had been sourced
In November 2007 a decision was made to expand “signage” and set up a standalone partnership in the name of AJN Signage LLP which gave Mr Aspinall the opportunity to become a stakeholder and partner in this new business The Partnership was therefore established on 20 November 2007
Administrators' statement of proposals (2013-09-03) · Companies House register