Venduct Engineering Limited (02033772): administration
- Status
- Administration ended
- Administration began
- 2016-03-16
- Administrators' firm
- FRP Advisory
- Formerly
- Touchgroove Limited
- Incorporated
- 1986-07-03
- Location
- Leicester
- Industry
- 25990 Manufacture of other fabricated metal products n.e.c.
Why it went into administration
- Loss-making contracts / project overruns
- Creditor pressure / legal action
- Sustained trading losses
From the administrators' statement
The Company was Incorporated in 1986 and its business was split into two divisions Contracting — provision of sheet metal work solutions to building and construction industry, customers range from main contractors, NHS Trusts and school refurbishments. Typical project values were c£200k up to £1m
Fabrications — light gauge precision steel work for smaller projects with a typical value of c£2-3k, customers were mainly private clients
The Company operated from premises in Leicester, owned by the parent company, Mellor Bromley Limited
Administrators' statement of proposals (2016-05-10) · Companies House register