B. Rourke & Co. Limited (01151730): administration
- Status
- Administration ended
- Administration began
- 2012-07-30
- Administrators' firm
- BDO
- Incorporated
- 1973-12-17
- Location
- Manchester
- Industry
- 25990 Manufacture of other fabricated metal products n.e.c.
Why it went into administration
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Funding withdrawn / unable to refinance
- Sustained trading losses
- Competition / price pressure
From the administrators' statement
Brian Rourke established the business in 1952 as a sole trader, and subsequently incorporated the business as a limited company in 1973 becoming the Company’s Managing Director and the main shareholder. The Company employed 37 staff, including the Directors prior to our appointment.
The Company traded from freehold property based in Burnley, Lancashire. The property included industrial buildings and offices extending to approximately 79,600 sq ft ona secure site of circa 6.86 acres
The Company designed, manufactured and supphed ironwork components and bespoke ironwork to both commercial and private customers. The Company had predominantly UK based customers, however, 1t had also exported ironwork overseas.
Administrators' statement of proposals (2012-09-27) · Companies House register