Gbm-Manufacturing Limited (01284029): administration
- Status
- Administration ended
- Administration began
- 2021-08-03
- Formerly
- Garrandale Limited
- Incorporated
- 1976-10-29
- Location
- Birmingham
- Industry
- 25990 Manufacture of other fabricated metal products n.e.c.
Why it went into administration
- COVID-19
From the administrators' statement
Creditors should note that, unless otherwise stated, this section of my proposals has been prepared based on information provided to me by the directors of the Company and not from my personal knowledge as Administrator.
GBM-Manufacturing Limited was previously known as Garrandale Limited and changed its name to its present style on 31 August 2020. The Company traded from premises at Northedge Business Park, Alfreton Road, Derby, employing 44 members of staff.
The Company latterly provided subcontract manufacturing services only. It had several substantial contracts that it could not deliver due to COVID-19. The rail industry suffered as a result of COVID-19 which meant that customers did not want to take delivery of their goods. As goods were only made against firm delivery dates revenues declined forcing the business into administration.
Administrators' statement of proposals (2021-09-30) · Companies House register