# Axial Engineering Limited (03485027)

> Why UK company 03485027 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/03485027

- **Status:** Administration ended
- **Administration began:** 2015-10-13
- **Administrators' firm:** Begbies Traynor
- **Formerly:** R.K. Wetnall Limited
- **Incorporated:** 1997-12-23
- **Location:** Manchester
- **Industry:** 32990 Other manufacturing n.e.c.

## Why it went into administration

- Property / lease costs
- HMRC / tax arrears
- Loss of a key customer, supplier or contract

## From the administrators' statement

The company commenced to trade in 1997 as a sub contract engineering company, mainly carrying out specific orders for larger contractors operating in the steel, of and gas industries

The company was formed by a group of engineers who had been made redundant and who decided to invest their redundancy proceeds in forming the company

The company moved to the current premises in 2013 and signed a lease with the current landlords initially for a 1 year term but the company continued to occupy the site under this lease for a further year after the term expired

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/03485027/filing-history/MzEzNjY5MTkxNmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/03485027

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