Wellman Furnaces and Process Engineering Limited (01235902): administration
- Status
- Administration ended
- Administration began
- 2014-08-07
- Administrators' firm
- Insolve Plus
- Formerly
- Wellman Process Engineering Limited; T N Butler Holdings Limited
- Incorporated
- 1975-12-02
- Location
- London
- Industry
- 71121 Engineering design activities for industrial process and production
Why it went into administration
- Sustained trading losses
- Bad debts / customer insolvency
From the administrators' statement
The information in this section of the report has been compiled from information provided by the Directors and their advisors
Wellman Furnaces and Process Engineering Limited was incorporated on 2 December 1975
The Company's banking facilities were operated by Barclays Bank Plc who had been the Company's bankers for many years However on June 2011 the Company also entered in to a Recourse Lending Agreement with WTD Limited who advanced monies as required
Administrators' statement of proposals (2014-10-10) · Companies House register