# Cope Engineering (Sales) Limited (00870217)

> Why UK company 00870217 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/00870217

- **Status:** Administration ended
- **Administration began:** 2019-02-28
- **Administrators:** Kerry Bailey, Andrew Graham Palmer
- **Administrators' firm:** BDO
- **Incorporated:** 1966-02-01
- **Location:** Manchester
- **Industry:** 25620 Machining

## Why it went into administration

- Creditor pressure / legal action
- Property / lease costs
- Pension deficit
- Competition / price pressure
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Sustained trading losses
- Credit insurance / supplier credit withdrawn

## From the administrators' statement

CERL was incorporated on 22 May 1953, CESL was incorporated on 1 February 1966 and Park Cross was incorporated on 31 March 1951.

The Companies specialised in manufacturing rolls and cylinders including lightweight carbon fibre and heat transfer rolls and also provided precision engineering and general high quality machining to an international customer base across a wide range of industries.

CERL and CESL are connected by way of common ownership and Park Cross is a wholly owned subsidiary of CERL. At Appendix 1 is a record of the names of the Companies directors and the company Secretaries together with details of their shareholdings. The Companies trading was interlinked, albeit can be distinguished as explained below.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/00870217/filing-history/MzIzNDAzMjI2NGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/00870217

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.