# P. I. Castings Limited (00478116)

> Why UK company 00478116 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/00478116

- **Status:** Administration ended
- **Administration began:** 2013-04-05
- **Administrators' firm:** Kroll
- **Formerly:** P.I.Castings (Altrincham) Limited
- **Incorporated:** 1950-02-07
- **Location:** Manchester
- **Industry:** 25990 Manufacture of other fabricated metal products n.e.c.

## Why it went into administration

- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Sustained trading losses
- Credit insurance / supplier credit withdrawn
- Parent or group failure

## From the administrators' statement

Statutory information on the Company and a summary of its financial history 1s included at Appendix 1

The Company was incorporated in 1950 and specialised in the manufacture of aluminium and steel castings, supplied to an international customer base, with 60% used in civil and military applications in the aerospace industry, 20% supplied to the oil and gas sector and 20% in the general engineering sector

The Company operated from leasehold premises at Davenport Lane, Altrincham, Cheshire,

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/00478116/filing-history/MzA3Nzk2NDM4M2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/00478116

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.