Marshalls Hard Metals Limited (03187983): administration
- Status
- Administration ended
- Administration began
- 2015-03-26
- Administrators
- Howard Smith, Jonathan Charles Marston
- Administrators' firm
- KPMG
- Formerly
- M. Hard Metals
- Incorporated
- 1996-04-15
- Location
- Leeds
- Industry
- 32990 Other manufacturing n.e.c.
Why it went into administration
- Weak consumer demand
- Sustained trading losses
- Pension deficit
- Competition / price pressure
From the administrators' statement
The Company was incorporated on 15 April 1996 and commenced trading from premises on Windsor Road, Sheffield shortly thereafter The Company specialised in the production of tungsten carbide components for use in a number of industries, such as oil and gas, construction, mining, aerospace and general engineering
The Company employed 46 members of staff, all of whom transferred as part of the sale of business to the purchaser
3.2 Funding and financial position of the Company
Administrators' statement of proposals (2015-05-12) · Companies House register