# Westfield Sawmills Limited (SC105120)

> Why UK company SC105120 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/SC105120

- **Status:** Administration ended
- **Administration began:** 2013-01-18
- **Administrators' firm:** Begbies Traynor
- **Formerly:** Timebrook Limited
- **Incorporated:** 1987-06-11
- **Location:** Glasgow
- **Industry:** 2051

## Why it went into administration

- Cash flow / liquidity pressure
- Property / lease costs

## From the administrators' statement

The company was formed in 1987, trading as “Timebrook Limited” during the first year of trading before changing to its present name. The current director undertook the role in December 1988 and purchased his shares at this time.

The principal trade of the business was that of the manufacture of timber products for trade clients. The company traded successfully over a number of years and occupies premises which were erected on land subject to a Ground Lease with South Lanarkshire Council.

In 2007 the decision was taken by the company to withdraw from manufacturing, instead generating it's income solely from the rental of it's business premises. The company subsequently agreed a lease with Westfield Doors and Floors Limited.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/SC105120/filing-history/MzA3NTA5Mzg2N2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/SC105120

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