# Embankment Engineering Limited (01066002)

> Why UK company 01066002 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/01066002

- **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

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/01066002/filing-history/MzA0NDUxMTgyMGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/01066002

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