Itec Packaging (Chester-Le-Street) Limited (SC121847): administration
- Status
- Administration ended
- Administration began
- 2023-04-05
- Administrators
- Martyn Rickels, Simon Farr, Allan David Kelly
- Administrators' firm
- FRP Advisory
- Formerly
- Paccor UK Limited; Coveris Rigid UK Limited; Kobusch UK Limited; Pregis Rigid Packaging Limited; Pactiv (UK) Limited; Tenneco Packaging Limited; Packaging Corporation of America (UK) Limited; M M & S (2027) Limited
- Incorporated
- 1989-12-11
- Location
- Edinburgh
- Industry
- 22220 Manufacture of plastic packing goods
Why it went into administration
- Sustained trading losses
- COVID-19
- Property / lease costs
- Competition / price pressure
From the administrators' statement
The Company was incorporated in 1989 and traded from leasehold premises in County Durham as a leading manufacturer of plastic packaging products for the food sector.
The Company, along with an associated company, iTEC Mansfield (together “the Group”), were historically the UK subsidiaries of the Paccor Group, a large European packaging business.
Following an acquisition in September 2022, the Company has traded under the “iTEC” brand. The Company’s customer base comprised major food manufacturers and distributors of catering supplies across the UK and Europe.
Administrators' statement of proposals (2023-05-30) · Companies House register