AEL (Bowburn) Limited (01355185): administration
- Status
- Administration ended
- Administration began
- 2017-06-29
- Administrators
- Keith Allan Marshall, Steven Phillip Ross
- Administrators' firm
- RSM
- Formerly
- Altec Engineering Limited
- Incorporated
- 1978-03-01
- Location
- Leeds
- Industry
- 28990 Manufacture of other special-purpose machinery n.e.c.
Why it went into administration
- Sustained trading losses
- HMRC / tax arrears
- Creditor pressure / legal action
- Parent or group failure
From the administrators' statement
Brief background
The Company was incorporated on 1 March 1978 and operates from freehold and leasehold units on the Bowburn Industrial Estate in Durham. it trades within the engineering solutions sector offering services such as toolmaking & automation equipment manufacture and CNC precision engineering.
The Company’s share capital is owned by Altec Engineering Group Limited. The Directors of the Company are Alastair Waite, David Steel, Nicholas Batey and Paul Lackenby, all of whom have been closely involved in the management of the Company's affairs. There have been no recent Director resignations.
Administrators' statement of proposals (2017-09-06) · Companies House register