Hubbinadmin Limited (00702744): administration
- Status
- Administration ended
- Administration began
- 2012-10-24
- Formerly
- Hubbard Architectural Metalwork Limited; Hubbard Bros (Decorative Ironwork) Limited
- Incorporated
- 1961-09-08
- Location
- Norwich
- Industry
- 25990 Manufacture of other fabricated metal products n.e.c.
Why it went into administration
- Funding withdrawn / unable to refinance
- HMRC / tax arrears
- Creditor pressure / legal action
- Supply chain disruption
- Bad debts / customer insolvency
From the administrators' statement
The Company was established in 1950 by brothers Fred and George Hubbard who traded as a partnership initially offering heating and plumbing services and then expanding into metalwork fabrications making scroll work gates and railings
In 1961 with a small work force having been gradually assembled the business transferred to a limited liability Company, trading at the time as Hubbard Brothers (Decorative Ironwork) Limited and moved to Oak Street Norwich, before again moving to a purpose built 22,000 sq ft manufacturing facility on the Norwich Airport Industrial Estate in 1972 Growth and success continued and lasted over six decades
With the continued expansion of the Company turnover grew steadily and in recent years has been over £5 million Trading had been profitable until 2009 and the Company had built up retained reserves of £1 2 million
Administrators' statement of proposals (2012-11-30) · Companies House register