G. Parker Engineering Limited (00966380): administration
- Status
- Administration ended
- Administration began
- 2014-10-23
- Administrators
- John Malcolm Titley, Mark John Colman
- Administrators' firm
- Leonard Curtis
- Incorporated
- 1969-11-17
- Location
- Preston
- Industry
- 30300 Manufacture of air and spacecraft and related machinery
Why it went into administration
- Creditor pressure / legal action
- Funding withdrawn / unable to refinance
- HMRC / tax arrears
- Bad debts / customer insolvency
- Loss-making contracts / project overruns
- Sustained trading losses
- Competition / price pressure
From the administrators' statement
The Company was incorporated on 17 November 1969 and commenced trading from inception The Company's sole director at the date of our engagement was Michael Parker and Emma King acted as the Company's financial controller The proposed Administrators were notified that Michael Parker was required to leave the country in the penod immediately prior to the scheduled administration appointment As such, all matters related to the appointment of the Administrators was to be dealt with by Emma King, who was subsequently appointed as a Company director on 21 October 2014
The Company's authorised share capital is £303 The issued share capital comprises 303 ordinary £1 shares, the shares being owned as follows
Name Class of Share No of Shares % of Total Owned Michael Gordon Parker Ordinary £1 300 9901 Susan Bemadette Lawson Ordinary £1 3 099
Administrators' statement of proposals (2014-11-25) · Companies House register