Cpel Realisations Limited (01374225): administration
- Status
- Administration ended
- Administration began
- 2024-03-19
- Administrators
- Howard Smith, Richard John Harrison
- Administrators' firm
- Interpath Advisory
- Formerly
- Claro Precision Engineering Limited
- Incorporated
- 1978-06-20
- Location
- Manchester
- Industry
- 25620 Machining
Why it went into administration
- Creditor pressure / legal action
From the administrators' statement
The Company was incorporated on 20 June 1978 and manufactures precision machining parts and provides CNC milling and turning to its customers. The Company supplies into the industrial, marine, scientific and medical sectors.
Per Management accounts for the year ended 31 December 2023, the Company recorded turnover of £5.3 million and an operating profit of £0.5 million.
The Company traded from Unit 4 and 5 Manse Lane Industrial Estate, Manse Lane, Knaresborough, HG5 8LF (the ‘Property’).
Administrators' statement of proposals (2024-04-10) · Companies House register