# Cannop Foundry (1981) Limited (01531954)

> Why UK company 01531954 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/01531954

- **Status:** Administration ended
- **Administration began:** 2017-09-18
- **Administrators:** Conrad Alan Beighton, Paul David Masters
- **Administrators' firm:** Leonard Curtis
- **Formerly:** Goodbell Limited
- **Incorporated:** 1980-12-03
- **Location:** Birmingham
- **Industry:** 25500 Forging, pressing, stamping and roll-forming of metal; powder metallurgy

## Why it went into administration

- Cash flow / liquidity pressure
- Sustained trading losses

## From the administrators' statement

The Company was incorporated on 3 December 1980 and commenced to trade shortly thereafter, with its principle activity that of an aluminium foundry.

The Company traded from leasehold premises at Crabtree Road, Forest Value Industrial Estate, Cinderford GL14

The Company lost a large customer contract in 2016, which resulted in a reduction in turnover of around £120,000 per month. The director struggled to replace this work over the year prior to administration and concluded that it was unachievable in a sufficiently short timescale.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/01531954/filing-history/MzE4OTM4NjQyMmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/01531954

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