Alatas Engineering Limited (04596039): administration
- Status
- Administration ended
- Administration began
- 2016-09-27
- Administrators' firm
- Begbies Traynor
- Formerly
- Micron Precision Engineering Services Limited; Gweco 187 Limited
- Incorporated
- 2002-11-20
- Location
- Leeds
- Industry
- 71129 Other engineering activities
Why it went into administration
- Loss of a key customer, supplier or contract
- Cash flow / liquidity pressure
- Competition / price pressure
From the administrators' statement
Alatas Engineenng Limited onginally traded as Micron Precision Engineenng Services Limited from 2000, as a small precision engineenng business, based on the Euroway Trading Estate in Bradford, West Yorkshire The Company grew steadily and gradually diversified into gearbox repairs, manufacturing and supporting the mining industry
In late 2009, having outgrown its premises, a decision was made to move to larger premises The Company moved to Low Moor, Bradford, which was completed in Apni 2010
Dunng 2011, talks were held with the Alatas Group and it was expected that Alatas UK would purchase the shares of the Company and therefore during these talks it was agreed that the company name be changed to Alatas Engineering Limited The name change took effect in May 2011 The talks with the Alatas Group were however called off in late 2011 but it was agreed that the company retain its name change as this would be advantageous to both entities
Administrators' statement of proposals (2016-11-29) · Companies House register