Moelle Interlok Packaging Limited (SC307293): administration
- Status
- Administration ended
- Administration began
- 2019-02-04
- Administrators
- Brian William Milne
- Administrators' firm
- Quantuma
- Formerly
- Interlok Packaging Ltd.
- Incorporated
- 2006-08-22
- Location
- Glasgow
- Industry
- 23990 Manufacture of other non-metallic mineral products n.e.c.
Why it went into administration
- Loss of a key customer, supplier or contract
From the administrators' statement
Based on the discussions with the Directors and our investigations to date, the insolvency of the company was largely due to the following factors:
. Incorrect pricing of a contract with a key customer . Inadequate working capital available to effect a contract re-negotiation. . Reluctance of members to provide additional finance.
5, Objective of the Administration
Administrators' statement of proposals (2019-03-21) · Companies House register