01662739 Limited (01662739): administration
- Status
- Administration ended
- Administration began
- 2017-08-29
- Administrators' firm
- Ensors Accountants
- Formerly
- Stanref International Limited; SN Engineering Services Limited; Stanref International Limited
- Incorporated
- 1982-09-08
- Location
- Ipswich
- Industry
- 28990 Manufacture of other special-purpose machinery n.e.c.
Why it went into administration
- HMRC / tax arrears
- Sustained trading losses
- Loss of a key customer, supplier or contract
- Property / lease costs
- Parent or group failure
From the administrators' statement
The Company was incorporated in 1982 and specialised in the manufacture of pressure vessels and heat exchangers for the commercial and industrial refrigeration industry, as well as the manufacture of heater shells and filtration vessels for the oil & gas and petrochemical sector. The Company’s client base was diverse and included customers based throughout the UK, Europe and the Middle East.
The Company traded from leasehold premises at Northern Way, Bury St Edmunds, Suffolk, IP32 6NL. The lease had expired in 2011/12 and the Company remained in occupation under the Landlord and Tenant Act 1985, whilst negotiations continued in relation to a mutually acceptable market rent and other matters, with the landlord.
The Company employed 24 members of staff, including 5 directors. All of the staff had been with the Company between 10 and 38 years.
Administrators' statement of proposals (2017-11-15) · Companies House register