KTL Tooling Limited (00656260): administration
- Status
- Administration ended
- Administration began
- 2019-12-09
- Administrators
- Steven Muncaster, Andrew Knowles
- Administrators' firm
- Kroll
- Formerly
- Kaman Tooling Limited; Brookhouse Tooling Limited; Brookhouse Patterns Limited
- Incorporated
- 1960-04-12
- Location
- Manchester
- Industry
- 28240 Manufacture of power-driven hand tools
From the administrators' statement
The main reasons for the Company’s failure was due to high overheads and a number of anticipated orders were either delayed or did not materialise, resulting in severe cash-flow issues and substantial losses.
Appointment [Section 4.4]
Steven Muncaster and Sarah Bell of Duff & Phelps were appointed by the Director of the Company on 9 December 2019. This appointment was sealed and endorsed in the High Court of Justice, Business & Property Courts of Manchester Insolvency and Companies List (chD), under Court number CR-2019MAN-001237.
Administrators' statement of proposals (2020-02-03) · Companies House register