G.B. Logan Fabrications Limited (02765848): administration
- Status
- Administration ended
- Administration began
- 2011-08-05
- Administrators
- Nathan Jones, Christopher Stirland
- Administrators' firm
- FRP Advisory
- Formerly
- Gailywork Limited
- Incorporated
- 1992-11-19
- Location
- Narborough
- Industry
- 2875
Why it went into administration
- Bad debts / customer insolvency
- Sustained trading losses
From the administrators' statement
The company commenced trading in 1992, providing sheet metal and fabricated components to several industrial sectors including automotive, industrial plant and equipment, agricultural, civil engineering and general engineering. Several multi-national highly rated organisations were clients of the company, which included Caterpillar and PMC.
As a first tier supplier to Caterpillar, the company worked to exacting standards and enjoyed an excellent reputation for quality and ensuring customer requirements were fully satisfied.
Although the company experienced difficult trading from November 2008 due to the worldwide economic recession, a strong balance sheet enabled the business to continue trading through this period and restructure to enable it to take advantage of the upturn in trade when economic conditions improved.
Administrators' statement of proposals (2011-10-04) · Companies House register