Everett Bros. Engineering Limited (01497510): administration
- Status
- Administration ended
- Administration began
- 2012-02-16
- Incorporated
- 1980-05-20
- Location
- Norwich
- Industry
- 2932
Why it went into administration
- Cash flow / liquidity pressure
- HMRC / tax arrears
- Loss of a key customer, supplier or contract
- Parent or group failure
- Competition / price pressure
From the administrators' statement
The Company was incorporated as a private limited company on 20 May 1980 and traded from rented premises at Cowles Drove, Hockwold The Company immediately commenced trading as manufacturers of machinery for the agricultural industry and are the leading manufacturers of root vegetable handling equipment specialising in all aspects of carrot and parsnip cultivation, harvesting and processing and patents have in the past been registered for some of the equipment
In recent years considerable time and expense has been spent tn equipping the factory with the latest CAD design and associated software to ensure that the flow of work through the factory Is as efficient as possible The Company supplies machines abroad with markets established in both the United States and Australia
The Company has traded well over recent years with turnover reaching £2,293,000 in the year ended 31 March 2009 and £4,002,000 in the year ended 31 March 2008
Administrators' statement of proposals (2012-03-15) · Companies House register