Hamlyn Engineering Company Limited (02375255): administration
- Status
- Administration ended
- Administration began
- 2013-04-29
- Administrators
- Simon Harris, Cameron Gunn, Mark Supperstone
- Administrators' firm
- ReSolve
- Incorporated
- 1989-04-24
- Location
- London
- Industry
- 25620 Machining
Why it went into administration
- Cash flow / liquidity pressure
- Loss of a key customer, supplier or contract
- Competition / price pressure
From the administrators' statement
The business was founded in 1969, trading initially as an unincorporated company unt April 1989 when it became incorporated Its principal trading activity was specialist precision engineering, primarily manufacturing and assembling special purpose machines, j'gs and fixtures, and press fools In addition, the Company undertook jig grinding, boring and prototype work, recently focusing on the production of rail and military aircraft components
The business was purchased on 9 April 2008 by the current Director of the Company, Mr M Ghadiaily (the Director), who had been an employee of the Company since 1997 The Company operated from rented premises at Golden Crescent, Hayes (the Premises), where it undertook all of the Company’s trading commitments, and employed a total of five staff
During the period from 1997 to 2011 the Company traded successfully, building up a strong customer base in the process upon which it was able to cement tts place in the market as a high precision engineering company
Administrators' statement of proposals (2013-06-26) · Companies House register