KPS Realisations Limited (00290151): administration
- Status
- Administration ended
- Administration began
- 2015-09-23
- Administrators' firm
- FRP Advisory
- Formerly
- Kiveton Park Steel Limited; Kiveton Park Steel & Wire Works Limited
- Incorporated
- 1934-07-13
- Location
- Leeds
- Industry
- 24310 Cold drawing of bars
Why it went into administration
- Funding withdrawn / unable to refinance
- Credit insurance / supplier credit withdrawn
- Bad debts / customer insolvency
- Sustained trading losses
- Supply chain disruption
- Loss of a key customer, supplier or contract
From the administrators' statement
The Company was incorporated in July 1934 and is a manufacturer of bright engineering steel bar and wire, accredited for making products required in the Automotive (ISO TS 16949), Aircraft (AS EN 9100), Cold Forming and Machined Parts industries,
It trades from Kiveton Park, Sheffield, S26 6NQ and at the date of appointment employed approximately 120 employees. Its parent company is Holdings, which also went in to administration on 23 September 2015. At the date of administration, the Company had four directors
Mr Philip Jeffrey Harrs (also Company Secretary) Mr Geoffrey Blatherwick
Administrators' statement of proposals (2015-11-19) · Companies House register