Stour Precision Tools Limited (00876483): administration
- Status
- In administration
- Administration began
- 2026-09-03
- Administrators
- Benjamin Neil Jones, Raj Mittal
- Administrators' firm
- FRP Advisory
- Incorporated
- 1966-04-07
- Location
- Birmingham
- Industry
- 28990 Manufacture of other special-purpose machinery n.e.c.
Why it went into administration
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Competition / price pressure
- HMRC / tax arrears
From the administrators' statement
The Company was incorporated in 1966 and specialised in the design, manufacture and assembly of bespoke and special-purpose tooling applications for customers operating within the manufacturing and industrial sectors.
The Company operated from the Premises and employed 18 members of staff, comprising of highly-skilled engineers and toolmakers supported by a small team of office-based staff.
The majority of the Company’s work was project-based, with customers invoiced at agreed milestones throughout the design, manufacture, delivery and assembly phases of each project. Lattery, the Company’s principal customer was the MC, for which the Company was undertaking a significant project relating to tooling applications required as part of the MC's wider project work with the EC.
Administrators' statement of proposals (2026-10-20) · Companies House register