Blackfriars Limited (00347959): administration
- Status
- Administration ended
- Administration began
- 2021-03-19
- Administrators
- Julien Robert Irving, Patrick Alexander Lannagan
- Administrators' firm
- Mazars
- Formerly
- Blackfriars Engineering (Redhill) Limited; Blackfriars Engineering Co.Limited
- Incorporated
- 1939-01-02
- Location
- Manchester
- Industry
- 28990 Manufacture of other special-purpose machinery n.e.c.
Why it went into administration
- Sustained trading losses
- Competition / price pressure
From the administrators' statement
3.1.1 The Company was incorporated on 2 January 1939 under the name Blackfriars Engineering Co. Limited and was active in the plastics and rubber industries, manufacturing a range of industrial granulating machines. In 1978, the Company acquired the granulator manufacturing abilities of Bedford and Wills Engineering who had, for many years, been the assembly subcontractor for the Company’s granulators.
3.1.2 The Company was a customer of another former Group company, A F Whiteley & Company Limited (‘Whiteley’ now Nascol Limited) and was acquired by Holdings as a 100% owned subsidiary in 1990. The directors of the Company at this time were Steven Buckley, Peter Veitch and Mike Grieve (an existing employee of the Company who became the Managing Director). The Company’s operations were concentrated in the freehold premises it owned in Market Harborough.
3.1.3 The customer and contact base of the Company and Whiteley were shared and maximised as much as possible. The Company’s order book tended to be ‘lumpy’ and years with larger contracts delivered profits while other years could be loss-making. Edward Buckley joined the Company as an engineer on the design and manufacturing side. Funding was made available to the Company via the Group banking facilities.
Administrators' statement of proposals (2021-05-04) · Companies House register