P. Bairstow Limited (00706291): administration
- Status
- In administration
- Administration began
- 2024-01-10
- Administrators
- Kerry Bailey, Mark Thornton
- Administrators' firm
- BDO
- Incorporated
- 1961-10-24
- Location
- Liverpool
- Industry
- 24450 Other non-ferrous metal production
Why it went into administration
- COVID-19
- Weak consumer demand
- Creditor pressure / legal action
From the administrators' statement
The Company was founded in its original form over 140 years ago and subsequently incorporated on 24 October 1961. The Company’s sole director and shareholder is Mr Ashley Ball.
The Company provided precision sheet metalwork and offered a wide array of services that included laser cutting, CNC precision milling, punch press profiling and multi-axis break services. Approximately half of the business related to the production of specialist bike frames, which were sold to its connected company, Orange. The remaining business consisted primarily of shop fittings, office furniture, display equipment, graphic design machines and specialist sheet metal fabrications.
The Company traded from a freehold property based in Halifax, which is owned by the Company and subject to a fixed charge in favour of the Bank and employed 28 staff.
Administrators' statement of proposals (2024-02-15) · Companies House register