Specialised Machine Services Limited (03655355): administration
- Status
- Administration ended
- Administration began
- 2015-01-30
- Administrators
- Stephen Gerard Clancy, Sarah Helen Bell
- Administrators' firm
- Kroll
- Incorporated
- 1998-10-23
- Location
- Manchester
- Industry
- 25110 Manufacture of metal structures and parts of structures
Why it went into administration
- Cash flow / liquidity pressure
- Competition / price pressure
- Funding withdrawn / unable to refinance
- Creditor pressure / legal action
- Loss of a key customer, supplier or contract
- Sustained trading losses
From the administrators' statement
Statutory information on the Company and a summary of its financial history 1s included at Appendix 1
The Company specialised in the machining and testing of metal components for customers who trade in the oil and gas industry
The Company operated from leasehold premises located at Unit 4, First Avenue, Zone 2 Deeside Industrial Park, Deeside, Flintshire, CH5 2NU
Administrators' statement of proposals (2015-04-14) · Companies House register