# Remnant Plant Limited (03002734)

> Why UK company 03002734 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/03002734

- **Status:** Administration ended
- **Administration began:** 2014-05-15
- **Incorporated:** 1994-12-19
- **Location:** Cheltenham
- **Industry:** 25110 Manufacture of metal structures and parts of structures

## Why it went into administration

- Property / lease costs
- Sustained trading losses

## From the administrators' statement

For a number of years the company owned the plant and machinery of the Remnant group and rented these items to the trading company, Remnant Engineering Limited In 2011 Remnant Engineering Limited entered creditors Voluntary Liquidation and following this the company took on the trade as Welders and fabricators, primarily for the bridge building and construction industry

The business was reasonably successful for the first 2 years of trade, however in 2013 problems were encountered on 2 contracts and significant losses were incurred estimated to be in excess of £100K

A summary of recent trading results Is as follows

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/03002734/filing-history/MzEwMjUxNDI3NGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/03002734

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.