Micro-Metalsmiths Limited (00786649): administration
- Status
- Administration ended
- Administration began
- 2014-05-02
- Administrators' firm
- EY
- Incorporated
- 1964-01-02
- Location
- Leeds
- Industry
- 25110 Manufacture of metal structures and parts of structures
Why it went into administration
- Sustained trading losses
- Cash flow / liquidity pressure
- Property / lease costs
- Regulatory change or action
- Rising interest rates
- Loss of a key customer, supplier or contract
From the administrators' statement
Metalsmiths operated as an investment casting business from a manufacturing facility in Kirkbymoorside and produced precision aluminium and brass investment casting products, supplying customers across a number of industries including aerospace, defence, general engineering and medical
Metalsmiths was part of a small group of two companies along with its wholly owned | subsidiary, Microwave The subsidary 1s a microwave components and sub-systems manufacturer supplying customers in the aerospace and defence industries Microwave was | Metalsmiths' largest customer purchasing around 14% of its output and operates from
premises in Pickering, North Yorkshire the premises are owned by Metalsmiths
Administrators' statement of proposals (2014-07-02) · Companies House register