Almor Limited (02736280): administration
- Status
- Administration ended
- Administration began
- 2022-07-08
- Administrators' firm
- Mazars
- Formerly
- Welding and Brazing Developments (Cannock) Limited; Optionquick Limited
- Incorporated
- 1992-07-31
- Location
- London
- Industry
- 25990 Manufacture of other fabricated metal products n.e.c.
Why it went into administration
- COVID-19
- Funding withdrawn / unable to refinance
- Sustained trading losses
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Credit insurance / supplier credit withdrawn
- Weather / natural events
From the administrators' statement
The Company was incorporated on 31 July 1992 with the name Optionquick Limited. It later changed names to Welding and Brazing Developments (Cannock) Limited on 18 September 1992 before changing its name to Almor Limited. Its main purpose was the manufacturing of fabricated metal products, and furnaces and supplied Site Services across the UK.
As per the above, the Company is owned by Martin Leadbetter, Patricia Clarke, Christopher Allum and Trevor Walton. Mr Allum and Mr Walton own 7,943 and 572 shares respectively.
The Company employed 61 staff across its three leased operating sites in the UK. These sites were at Huthwaite, Nottingham and Tipton.
Administrators' statement of proposals (2022-09-02) · Companies House register