# Watkinson Lifting & Transportation Limited (00969652)

> Why UK company 00969652 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/00969652

- **Status:** Administration ended
- **Administration began:** 2015-07-17
- **Administrators' firm:** Begbies Traynor
- **Formerly:** Watkinson 85 Limited; Bridge Supply Company (Keighley)Limited
- **Incorporated:** 1970-01-06
- **Location:** Clifton Moor
- **Industry:** 6024

## Why it went into administration

- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Bad debts / customer insolvency

## From the administrators' statement

The Company was founded in 1970 and It carned on the business of the storage, transportation, and installation of specialist lifting equipment The Company traded from Invincible Works, Mamner Road, Keighley, West Yorkshire, BD21 5LW, and employed around 45 people

The Company had seen a number of years of successful trading and was highly respected in the specialist hfting and transportation industry However in the fiscal year to February 2009, the Company made a loss of £209,000 due to a sharp downtum in the economy This had a significant effect on the ability of the Company to manage payments to creditors

The Directors of the Company initated a number of cost saving measures and the Company started to generate profits again

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/00969652/filing-history/MzAzMzkzNzI1OGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/00969652

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