Reason of Dissolution
Sovereign Glass ( Leeds ) Limited was acquired as a part of the acquisition of Heywood Williams companies, a UK-based building glass distributor, by Pilkington on 1st April 1993. Since it has been dormant from then, now the Company decided to dissolve it.
2. Profile of Sovereign Glass ( Leeds ) Limited
Registered Office: Prescot Road, St. Helens, Merseyside WA10 3TT
Representatives: Sheila Lennon, Julie Brown
Business description: Dormant ( used to be a building glass distributor )
Incorporation Date: 24th March 1977
Share Capital Authorized: 1,000 ordinary £1 shares, Issued 1,000 ordinary £1 shares
Shareholders: Pilkington Distribution Services Limited - 999 shares;
Pilkington Brothers ( South Wales ) Limited - 1 share
Total Shareholder Equity: 0 ( Share capital £1,000, Deficit £1,000 )
Total Assets: 0
Fiscal Year end: 31st March
Number of employees: 0
3. Schedule and Impact on the operating result
The dissolution of the above-mentioned subsidiary will have been completed within this fiscal year ending March 2008 on the condition that a clearance by the local registry office is obtained. Its dissolution has no effect on the Company’s consolidated and non-consolidated results.