Harper and Simmons Limited (04418684): administration
- Status
- Administration ended
- Administration began
- 2012-12-11
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2002-04-17
- Location
- Birmingham
- Industry
- 25730 Manufacture of tools
Why it went into administration
- Cash flow / liquidity pressure
- Funding withdrawn / unable to refinance
- Property / lease costs
From the administrators' statement
Harper and Simmons Limited (“H&S”) was incorporated in April 2002, to acquire the previously run family business that has specialised in the manufacture of press tooling since 1945 The directors are Mr Robert Simmons (son of the founder) and his wife Mrs Victona Simmons who were appointed as directors on 17 Apni 2002 and 29 May 2002 respectively Overali Robert Simmons has worked within the family business since approximately 1983 and Victona Simmons manages the payroll on a one day per week, part time basis
The business combined advanced modern machining techniques with a highly skilled and experienced team of toolmakers, designers and machinists The Company offered a single solution under one roof for all aspects of press tool manufacture and associated machining, including a pressing facility and tool breakdown repair work for its established customer base
It moved to its current trading premises at Howard Road, Redditch at the end of November 2005, when the property was acquired subject to a mortgage by the partnership business of Mr and Mrs Simmons and Is currently rented to the Company at a monthly commercial rent of £5,115, as per the notes held on the Company's statutory accounts
Administrators' statement of proposals (2013-02-08) · Companies House register