Prodrill Engineering Limited (01656768): administration
- Status
- Administration ended
- Administration began
- 2023-04-03
- Administrators
- Alexander Iain Fraser, Graham David Smith
- Administrators' firm
- FRP Advisory
- Formerly
- Smedvig Overseas Limited; Smedvig Supply Ships Limited; Dan-Smedvig Supply Ships Limited; Paveship Limited
- Incorporated
- 1982-08-05
- Location
- London
- Industry
- 06100 Extraction of crude petroleum
Why it went into administration
- HMRC / tax arrears
- COVID-19
- Sustained trading losses
- Creditor pressure / legal action
- Competition / price pressure
From the administrators' statement
The Company was formed in August 1982 and traded as a recruitment specialist, providing professional, highly qualified, and experienced personnel for the energy sector.
Operating from leasehold premises in Aberdeen, the Company supported a diverse range of technical and commercial disciplines across the oil and gas sector, and the wider energy industry.
Administrators' statement of proposals (2023-04-19) · Companies House register