B. M. J. (Manufacturing) Limited (03290318): administration
- Status
- Administration ended
- Administration began
- 2017-10-09
- Administrators' firm
- F A Simms & Partners
- Incorporated
- 1996-12-11
- Location
- Lutterworth
- Industry
- 25500 Forging, pressing, stamping and roll-forming of metal; powder metallurgy
Why it went into administration
- Cash flow / liquidity pressure
- HMRC / tax arrears
- Bad debts / customer insolvency
- Property / lease costs
- Sustained trading losses
- Loss of key people
From the administrators' statement
The Company was incorporated on the 11 December 1996 by Mr David Michael Pole, Mrs Angela Pole and Mr Robert John Birchmore and the Company purchased the assets of BMJ Sheet Metal Limited for approximately £20,000.00 using funds loaned by an associated Company, Leslie Pole Tooling and Pressings Limited.
The Company did not utilise any other loans or borrowings from third parties and commenced with 4-5 employees.
The Company provided precision sheet meta! work predominately in the local area to the Company.
Administrators' statement of proposals (2018-01-02) · Companies House register