Cables Realisations Limited (01724832): administration
- Status
- Administration ended
- Administration began
- 2013-03-13
- Administrators
- Mark Granville Firmin, Howard Smith
- Administrators' firm
- KPMG
- Formerly
- Clynder Cables Limited; Martgrove Limited
- Incorporated
- 1983-05-19
- Location
- Leeds
- Industry
- 27320 Manufacture of other electronic and electric wires and cables
Why it went into administration
- Sustained trading losses
- Loss of key people
From the administrators' statement
The Company was incorporated on 19 May 1983 and was a copper cable manufacturer and distributor The Company’s cable was mainly supplied to the control panel industry through well known electrical wholesalers and distributors in the United Kingdom and Ireland In addition, the Company had a large export customer base in Europe and internationally
The Company comprised two divisions, a cable distribution business based in Manchester (“the North West division”) and a cable manufacturing business based in Bishop Auckland (“the North East division”) The traditional Clynder business was the distribution of cable manufactured by Permanoid Limited, from whom they leased an office and warehouse m Manchester
In 2009, the Company acquired the North East manufacturer, Cable Xtruders Limited, to develop and grow in the special cable market and cable assembly Since this acquisition, the Company had expanded into other areas, including solar cable for solar panels and cathodic protection cable used in the Middle East for construction
Administrators' statement of proposals (2013-05-14) · Companies House register