# Specialised Machine Services Limited (03655355)

> Why UK company 03655355 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/03655355

- **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- Funding withdrawn / unable to refinance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

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/03655355/filing-history/MzEyMTE2MDE5NmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/03655355

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