Ledwell Plastics, a plastic moulding and product design specialist based in Leicester, has entered administration.
The company had fallen into financial difficulty in a challenging operating environment, with uncertainty around taxation on plastics and packaging affecting demand in the sector.
Despite a pipeline of future work, cash flow issues meant the company was unable to stay solvent and had no option but to enter administration.
Nathan Jones and John Lowe, partners at FRP Advisory, were appointed joint administrators of Ledwell Plastics Ltd on 17th March 2025.
In a statement FRP said: “FRP is speaking to interested parties about the business’s assets and is supporting 17 employees with applications to the redundancy payments service. A further 14 staff members remain employed by the company and are assisting with winding down operations.”
