Tower Welding Limited (02812706): administration
- Status
- Administration ended
- Administration began
- 2011-07-06
- Administrators
- Michael Stephen Elliot Solomons, Andrew James Pear
- Administrators' firm
- BM Advisory
- Incorporated
- 1993-04-26
- Location
- London
- Industry
- 2811
Why it went into administration
- Loss of a key customer, supplier or contract
From the administrators' statement
The Company was incorporated on 26 April 1993 by the sole director Steven Patrick The Company’s business was the manufacturing of metal constructions and parts Tower Welding Limited was a family owned business as Mr Patrick owned 800 shares and his children David and Hannah owned 100 shares each.
The Company’s largest customers were Fairview New Homes Limited and Avicon Homes Limited The loss of Fairview New Homes Limited as a customer shortly prior to my appointment was a key contributor to the demise of the business alongside the long-running health problems experienced by the director. As a consequence, the Company ceased trading on 24 June 2011, almost two weeks prior to the appointment of Administrators. The Company's workforce of 12 employees were made redundant on 24 June 2011
Restructuring and insolvency services are provided through BM Advisory LLP and our partners are licensed in the United Kingdom to act as insolvency practitioners
Administrators' statement of proposals (2011-09-06) · Companies House register