J L F Manufacturing Limited (00202885): administration
- Status
- Administration ended
- Administration began
- 2019-08-20
- Administrators' firm
- The Wilkes Partnership
- Formerly
- J.L.Float Limited
- Incorporated
- 1925-01-05
- Location
- Birmingham
- Industry
- 25990 Manufacture of other fabricated metal products n.e.c.
Why it went into administration
- Loss of a key customer, supplier or contract
- Rising costs / inflation
- Supply chain disruption
- Competition / price pressure
From the administrators' statement
JLF Manufacturing Ltd has been trading since 1925, initially in Birmingham and then moving to the current premises, in Aldridge, in the mid 1960's.
The Company's original trading name was JL Float Limited and it manufactured metal ball floats and metal spinnings, then expanding into small presswork and welded assemblies when plastics became dominant in the domestic float market.
In 2008 there was a management buyout with the current Directors taking part in that process. However, within 3 months of compietion, the UK then encountered the financial crisis of 2008, which, we are advised, had a devastating effect to the turnover of the Company and resulting in the need to make a third of the workforce redundant
Administrators' statement of proposals (2019-10-27) · Companies House register