D.N.T. Company Limited (02860600): administration
- Status
- Administration ended
- Administration began
- 2024-02-15
- Administrators' firm
- FRP Advisory
- Incorporated
- 1993-10-08
- Location
- Birmingham
- Industry
- 46720 Wholesale of metals and metal ores
Why it went into administration
- HMRC / tax arrears
- Weak consumer demand
- Funding withdrawn / unable to refinance
- Creditor pressure / legal action
- Sustained trading losses
From the administrators' statement
The Company was incorporated on 8 October 1993 and operated in the wholesale of metals and metal ore, specifically steel. The Company sold steel coils to a variety of customers and industries, including the construction industry; this included both generic steel and pre-painted steel to customer specifications. Prior to our appointment the Company had a sole UK agency arrangement with Italian steel supplier Marcegaglia.
The Company operated from the Property, which are freehold office premises. The Property also served as the Company's registered office address.
The Company held stock in third-party locations across the UK, being mostly warehouses and ports, with a small amount of stock held by customers on a consignment basis.
Administrators' statement of proposals (2024-04-13) · Companies House register