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Remec Engineering Services (Burnley) Limited (02908470): administration

Status
In administration
Administration began
2026-03-09
Administrators
Gary Norton Lee, Ian Mcculloch
Administrators' firm
Opus Restructuring
Incorporated
1994-03-15
Location
Milton Keynes
Industry
25990 Manufacture of other fabricated metal products n.e.c.

Why it went into administration

From the administrators' statement

At the meeting on 13 February 2026, lan McCulloch and Gary Norton Lee of Opus Restructuring LLP were formally instructed by the Sole Director, and an in-depth review of the Company’s financial position was undertaken.

Advice regarding the statutory and non-statutory options available, was also provided.

The total unsecured liabilities at the time were estimated to be £60,000, including trade and expense creditors of £54,000, £9,000 owed to HM Revenue & Customs (“HMRC”) and £17,000 owed to Natwest (“the Secured Creditor”). Due to the Company ceasing to trade and making their workforce redundant, there were also estimated employee claims amounting to £259,106.

Administrators' statement of proposals (2026-05-08) · Companies House register

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Remec Engineering Services (Burnley) Limited (02908470)

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