Nidum Precision Tooling Limited (00706121): administration
- Status
- Administration ended
- Administration began
- 2013-09-05
- Administrators' firm
- BDO
- Incorporated
- 1961-10-20
- Location
- Bristol
- Industry
- 28290 Manufacture of other general-purpose machinery n.e.c.
Why it went into administration
- Competition / price pressure
- HMRC / tax arrears
- Sustained trading losses
From the administrators' statement
The Directors of the business have provided a history as follows;
Nidum Precision Tooling Limited (Nidum) was founded in 1961 and has traded since that date It moved to tts current location in 2000
Nidum 1s a Precision Toolmaker ~ specialising in the manufacture of special purpose machines, spars and components to support the operation of production lines, predominantly within the automotive sector Nidum 1s arguably the longest established and largest business of its type and is well known within the South Wales manufacturing community
Administrators' statement of proposals (2013-10-18) · Companies House register