Slack & Parr (Investments) Limited (00147954): administration
- Status
- Administration ended
- Administration began
- 2023-07-03
- Administrators
- Christopher Robert Pole, Howard Smith
- Administrators' firm
- Interpath Advisory
- Formerly
- Slack & Parr Limited
- Incorporated
- 1917-07-12
- Location
- Leeds
- Industry
- 28940 Manufacture of machinery for textile, apparel and leather production
Why it went into administration
- Funding withdrawn / unable to refinance
From the administrators' statement
The Slack & Parr business was originally established in 1917 as a family run business with its primary activity being the manufacture of hydraulic flow pumps.
Over the years, the Group became market leaders in their industries specialising in development, design and manufacture of high precision gear metering pumps and hydraulic flow dividers, eventually expanding into the USA and China to support its worldwide customer base.
The Group traded from a purpose-built 64,000 square feet premises in Kegworth, Derbyshire, built in 2020, including 8,000 square feet of office space. At the date of our appointment, the Company employed 4 members of staff, with a total of c250 members of staff employed across the Group, including 27 employees across the USA and China.
Administrators' statement of proposals (2023-08-21) · Companies House register