Thomas Bolton Limited (01762388): administration
- Status
- Administration ended
- Administration began
- 2014-03-24
- Formerly
- Bolton Power Ltd.; Bolton Copper Limited; Thomas Bolton Copper Products Limited; Thomas Bolton Limited; Thomas Bolton Holdings Limited; Thomas Bolton & Johnson Limited; B & N (No.95) Limited
- Incorporated
- 1983-10-18
- Location
- Manchester
- Industry
- 24540 Casting of other non-ferrous metals
Why it went into administration
- Loss of a key customer, supplier or contract
From the administrators' statement
The Company was incorporated on 18 October 1983 and trades from PO Box 1, Froghall, Stoke on Trent, ST10 2HF (the Trading Premises).
During late 2012 the Company was advised by its main customer that it would be significantly reducing its order level. As the customer accounted for in excess of 70% of the Company’s order book this materially reduced the profitability of the business over the following year.
For the year ended 31 December 2013 a trading loss of £279,593 is detailed in the management accounts.
Administrators' statement of proposals (2014-05-08) · Companies House register