SBV Fabrication and Site Services Limited (02532371): administration
- Status
- Administration ended
- Administration began
- 2014-12-22
- Administrators
- Howard Smith, Jonathan Charles Marston
- Administrators' firm
- KPMG
- Incorporated
- 1990-08-17
- Location
- Leeds
- Industry
- 25110 Manufacture of metal structures and parts of structures
Why it went into administration
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Loss-making contracts / project overruns
- Competition / price pressure
From the administrators' statement
The Company was incorporated on 17 August 1990 and commenced trading shortly after The Company 1s a provider of heavy industrial stee! fabrication and pipework, equipment packages, machining, site services and project management services based in Teesside
On appointment of the Joint Administrators, the Company employed 185 members of staff, 143 of which were transferred as part of the sale of business to the purchaser
The Company's head office was located at Dormor Way, South Bank, Middlesbrough, Cleveland, TS6 6XH The Company also traded from sites in Hartlepool and Teesside
Administrators' statement of proposals (2015-02-17) · Companies House register