Marston Agricultural Services Limited (01169693): administration
- Status
- Administration ended
- Administration began
- 2013-10-31
- Incorporated
- 1974-05-09
- Location
- London
- Industry
- 28302 Manufacture of agricultural and forestry machinery other than tractors
Why it went into administration
- Sustained trading losses
From the administrators' statement
Marston Agricultural Services Limited ("MAS” or “the Company”) was tncorporated on 9 May 1974, We understand the business had traded prior to this for approximately 20 years, originating as a blacksmith in the village of Marston, near Grantham.
The Company’s principal business was the manufacture of agricultural and industrial trailers operating from freehold premises in Marston, employing approximately 55 staff at the date of appointment.
In the year to 30 September 2009 the Company generated a profit of £227k and had net assets of c£2.5m. Since that date the Company’s performance has declined and the latest results are summarised;
Administrators' statement of proposals (2013-12-13) · Companies House register