Alvant Limited (02765553): administration
- Status
- Administration ended
- Administration began
- 2022-01-28
- Administrators
- Ryan Kevin Grant, William James Wright
- Administrators' firm
- Interpath Advisory
- Formerly
- Composite Metal Technology Limited
- Incorporated
- 1992-11-18
- Location
- London
- Industry
- 24540 Casting of other non-ferrous metals
Why it went into administration
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Property / lease costs
From the administrators' statement
The Company operated as an advanced materials technology group specialising in the design, development and production of aluminium composite components for demanding engineering applications.
The business operated from its leasehold office and two other leasehold sites in Basingstoke in the UK and was incorporated on 18 November 1992. The Company employed 12 staff in the UK at the date of entering administration.
The Company is wholly owned by Alvant Group plc (the ‘Parent’), an unlisted public company, which had more than 300 shareholders who funded the Group’s operating activities.
Administrators' statement of proposals (2022-03-03) · Companies House register