Kettering, UK-based packaging manufacturing company EMG Diecutting Limited (EMG) has ceased to trade after suffering cashflow difficulties.
Simon Plant and Daniel Plant of insolvency practitioner SFP were appointed on 30 January 2014 as Joint Administrators for EMG, a company established in 2010 and specialised in the manufacture and distribution of steel products for the packaging industry.
“EMG was placed into administration due to serious cash flow issues which led the company to cease to trade in November last year,” said Simon Plant.
“Given the cessation of trading, a going concern sale was not achievable. Accordingly, the tangible assets will be disposed of on a piecemeal basis and the outstanding affairs of EMG will be attended to.”
