Smethwick Drop Forge Limited (04336153): administration
- Status
- Administration ended
- Administration began
- 2016-11-28
- Administrators
- Mark Jeremy Orton, Christopher Robert Pole
- Administrators' firm
- KPMG
- Incorporated
- 2001-12-07
- Location
- Birmingham
- Industry
- 25500 Forging, pressing, stamping and roll-forming of metal; powder metallurgy
Why it went into administration
- Creditor pressure / legal action
- Sustained trading losses
- Competition / price pressure
From the administrators' statement
The Company was incorporated in Dec 2001
The business specialised in forging, stamping and pressing aluminium, carbon steels and stainless steel and predominantly serviced the automotive industry tn both the UK and internationally
The Company had 43 employees and operated from a site in Kidderminster under an informal tenancy agreement
Administrators' statement of proposals (2017-01-31) · Companies House register