Embankment Engineering Limited (01066002): administration
- Status
- Administration ended
- Administration began
- 2011-07-28
- Incorporated
- 1972-08-15
- Location
- Loughton
- Industry
- 2811
Why it went into administration
- Weak consumer demand
- Property / lease costs
- Sustained trading losses
- Competition / price pressure
From the administrators' statement
Embankment Engineering Limited (‘the Company”) was incorporated in June 1972 by Mr Chris Hallam and his business partner Mr Richard Cardew
The Company operated from leasehold premises located in a railway arch on Albert Embankment, London which was owned by Network Rail
The Company initially traded as a sub-contract sheet metal fabricator and installation agent, both Mr Hallam and Mr Cardew were skilled toolmakers with a wealth of experience, therefore they were certain that they could make this joint venture a success
Administrators' statement of proposals (2011-09-27) · Companies House register