Eachchain Trading Limited (02871026): administration
- Status
- Administration ended
- Administration began
- 2024-06-03
- Administrators' firm
- Begbies Traynor
- Incorporated
- 1993-11-11
- Location
- Bath
- Industry
- 25990 Manufacture of other fabricated metal products n.e.c.
Why it went into administration
- Sustained trading losses
- Creditor pressure / legal action
- Loss of a key customer, supplier or contract
- Competition / price pressure
From the administrators' statement
Our proposals for achieving the purpose of the administration are attached an provide detailed information in relation to the Company. The following background information is provided to assist creditors who may have limited knowledge of the Company and its affairs to better understand the reasons for the pre-packaged sale.
The Company specialised in producing components for the Construction Industry, Health and Safety Manufacturers and Water Waste Management Specialists. It had a very modern manufacturing capability with a highly skilled workforce of c30 staff. The Company operated from two leasehold premises in Chippenham with good transport links. With turnover of cE3.3m and a strong customer base the Company was ideally placed to continue via a pre-packaged sale of the business.
The reasons for the Company’s insolvency
Administrators' statement of proposals (2024-06-19) · Companies House register