# Redcliffe Magtronics Limited (03555555)

> Why UK company 03555555 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/03555555

- **Status:** Administration ended
- **Administration began:** 2015-04-29
- **Administrators:** Gregory Andrew Palfrey, Gilbert J Lemon
- **Administrators' firm:** Evelyn Partners
- **Formerly:** Redcliffe Limited
- **Incorporated:** 1998-04-24
- **Location:** Bristol
- **Industry:** 27900 Manufacture of other electrical equipment

## Why it went into administration

- Loss of a key customer, supplier or contract

## From the administrators' statement

The Bristol! based Company was incorporated on 24 April 1998 as Redcliffe Limited but changed its name to Redcliffe Magtronics Limited on 10 April 2002. It is a 100% subsidiary of Redcliffe Holdings Limited which ts non-trading and incorporated on 6 October 1995.

The Company trades in the manufacture of electrical equipment with a smaller element of design and consultancy work. Its product range has been developed to meet the demands of its customers and includes specialist equipment for safety critica! industries.

The Company had traded profitably for many years as a specialist high performance engineering company with turnover reaching £4m in 2006. However in the first quarter of 2015 the Company suffered a dramatic reduction in orders. Its major customers attribute

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/03555555/filing-history/MzEyNjI1OTIzMWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/03555555

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