Leicestershire manufacturer enters administration after CVA collapses
A Leicestershire manufacturer has been placed into administration after it failed to meet the obligations of a company voluntary arrangement.
Midlands Metal Products, of Desford, has been operated under a company voluntary agreement (CVA) since late July, but this has failed and PKF Cooper Parry has been brought into act as administrators at the firm.
The CVA was voted through in July by Midland Metal Products' creditors, who between them were owed £819,823.78. HMRC was the biggest creditor, being owed £574,288. Leicestershire-bas... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
