Swinton Electro-Plating (Lancs) Limited (00723561): administration
- Status
- Administration ended
- Administration began
- 2013-05-31
- Administrators
- John Malcolm Titley, Andrew Poxon
- Administrators' firm
- Leonard Curtis
- Incorporated
- 1962-05-09
- Location
- Manchester
- Industry
- 32990 Other manufacturing n.e.c.
Why it went into administration
- Loss of a key customer, supplier or contract
- Cash flow / liquidity pressure
- Sustained trading losses
From the administrators' statement
The Company was incorporated in 1962 with its principal activity being that of electroplating and the processing of manufactured parts and machinery
The Company operated from the Premises, owned by Dorset Dorset also owned the operating business of ASM Accessones Limited (‘ASM’)
The banking facilites for Dorset and its subsidianes were provided by National Westminster Bank ple (‘Natwest’) with the facilities being operated as a ‘group facility’ with cross guarantees in place
Administrators' statement of proposals (2013-07-26) · Companies House register