# Wellman Furnaces and Process Engineering Limited (01235902)

> Why UK company 01235902 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/01235902

- **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

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/01235902/filing-history/MzEwOTIzMzQxMmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/01235902

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