# Redcliffe Precision Limited (01348375)

> Why UK company 01348375 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/01348375

- **Status:** Administration ended
- **Administration began:** 2021-01-25
- **Administrators:** Andrew Martin Sheridan, Jonathan Dunn
- **Administrators' firm:** FRP Advisory
- **Incorporated:** 1978-01-17
- **Location:** 1 Queen Street
- **Industry:** 25620 Machining

## Why it went into administration

- COVID-19
- Sustained trading losses
- Funding withdrawn / unable to refinance
- Competition / price pressure

## From the administrators' statement

AVPE Investment Limited (“AVPEI’) is the holding company for a group of three (wholly owned) trading subsidiaries, Avon Valley Precision Engineering Limited (‘AVPE”), Redcliffe Precision Limited (the “Company” or “RPL”) and AVPE Durham Limited (“AVPED”) (together, the “Group”).

Details of the Company’s directors and shareholders are included in Appendix A of our formal proposals.

The Group operates precision engineering businesses as summarised below.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/01348375/filing-history/MzI5MTA1NzEwMmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/01348375

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