The Engineering Technology Group Limited (03257704): administration
- Status
- In administration
- Administration began
- 2026-04-15
- Administrators
- Matthew James Cowlishaw, Paul James Meadows
- Administrators' firm
- Teneo
- Formerly
- Chiron Werke UK Limited; Adaptfirst Limited
- Incorporated
- 1996-10-02
- Location
- Birmingham
- Industry
- 46620 Wholesale of machine tools
Why it went into administration
- HMRC / tax arrears
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Sustained trading losses
From the administrators' statement
The Companies form part of a UK engineering group focused on machine sales, machine tool distribution, engineering solutions and specialist manufacturing.
The Companies generated combined turnover of around £25m and employed c.100 employees. The Companies operated from leasehold premises in Wellesbourne and Coventry, with the leases held in ETG UK and Hyfore.
ETG UK is the main operating entity within the Group, was incorporated on 2 October 1996 and employed all of the Group’s employees as at the date of our appointment. ETG UK’s principal trading activity was the sale and distribution of machine tools and related equipment.
Administrators' statement of proposals (2026-06-10) · Companies House register