Colin Mear Engineering Limited (01660513): administration and why it failed

Colin Mear Engineering Limited (01660513): administration

Status: Administration ended
Administration began: 2023-06-30
Administrators: Christopher Newell, Richard Easterby
Administrators' firm: Quantuma
Formerly: Oak (South West) Engineering Limited
Incorporated: 1982-08-26
Location: Maidenhead
Industry: 28930 Manufacture of machinery for food, beverage and tobacco processing

Why it went into administration

COVID-19
Funding withdrawn / unable to refinance
Cash flow / liquidity pressure
Sustained trading losses

From the administrators' statement

3.1

3.2

3.3

Administrators' statement of proposals (2023-08-07) · Companies House register

Dig into any UK company's accounts

Search a company to fetch every set of accounts it has filed at Companies House, from incorporation to the latest filing. Tagged (iXBRL) accounts are read directly. Older scanned PDF accounts are read with OCR (optical character recognition).

Profit & loss: revenue, margins and profit, year by year
Balance sheet: assets, liabilities, working capital and net assets
Cash flow: operating, investing and financing flows and free cash flow
Groups: consolidated figures are used when a group files group accounts

Colin Mear Engineering Limited (01660513): administration

Why it went into administration

From the administrators' statement

Processing now

Recently viewed & analysed

Colin Mear Engineering Limited (01660513)