# SAL Abrasive Technologies Group Limited (00939860)

> Why UK company 00939860 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/00939860

- **Status:** Administration ended
- **Administration began:** 2016-11-04
- **Administrators:** Paul Andrew Flint, David James Costley-Wood
- **Administrators' firm:** KPMG
- **Formerly:** Suraflex Abrasives Limited
- **Incorporated:** 1968-10-02
- **Location:** Manchester
- **Industry:** 47990 Other retail sale not in stores, stalls or markets

## Why it went into administration

- Funding withdrawn / unable to refinance
- Sustained trading losses
- Management failings / irregularities
- Competition / price pressure

## From the administrators' statement

SAL Abrasive Technologies Group Limited was incorporated on 2 October 1968 and traded from leasehold premises in Chorley, Lancashire and Newcastle-upon-Tyne, Northumberland

The Company was an owner-managed manufacturer and distributor of abrasives products and machinery, and a provider of technical advice The Company employed 20 members of staff at the date of our appointment

2.2. Funding and financial position of the Company

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/00939860/filing-history/MzE2MzY2MTI0MmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/00939860

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