Profile Gauge & Tool Company Limited (00921673): administration
- Status
- Administration ended
- Administration began
- 2014-05-23
- Administrators
- Lee Van Lockwood, Robert Alexander Henry Maxwell
- Administrators' firm
- Begbies Traynor
- Incorporated
- 1967-11-08
- Location
- Leeds
- Industry
- 25620 Machining
Why it went into administration
- Funding withdrawn / unable to refinance
From the administrators' statement
Profile Gauge & Tool Company Ltd (“the Company”) was founded tn 1967 for the purpose of precision tooling and machining with a workforce of 12 mainly long serving skilled workers
The Company operated from freehold premises at Barbot Hall Industral Estate, Mangham Way, Rotherham and had been run as a family business from the date of incorporation until the appointment of administrators on 23 May 2014
The Company relocated to its current trading premises in 1987 where it steadily grew into a well established machining business The Company's mission was to ensure the latest technology and most skilled engineers were used to produce the highest quality machined components In order to achieve this, the Company had invested heavily in high quality CNC machine tools, the latest programming software and inspection equipment The mapority of the plant and machinery was subject to a lease agreement with State Securities ple
Administrators' statement of proposals (2014-07-25) · Companies House register