Sprunt Engineering Services Limited (04684624): administration
- Status
- Administration ended
- Administration began
- 2012-05-02
- Formerly
- Lemark Engineering Limited
- Incorporated
- 2003-03-03
- Location
- Norwich
- Industry
- 2811
Why it went into administration
- HMRC / tax arrears
- Creditor pressure / legal action
- Rising costs / inflation
- Bad debts / customer insolvency
From the administrators' statement
The business was onginally established as a partnership between James Hatton and Norman Sprunt in or around 1983 providing engineering services and systems In 2003 Mr Hatton and Mr Sprunt decided to retire from the business Two employees of the business, John Mowe and Mark Mancini, agreed to purchase the business and incorporated a limited company on 3 March 2003 in the name of Lemark Engineering Limited for this purpose The Company changed to its present name on 2 May 2003
The business of the Company ts the supply of engineenng services and engineenng systems The Company subcontracts a large percentage of work so the need for labour fluctuates. In around June 2010, due to a sustained downtrend in orders, the Company made two employees redundant One of the employees issued an Employment Tribunal claim for unfair dismissal which cost the Company tn excess of £10,000 to defend
In around August 2010 one of the Company's largest debtors entered liquidation and the Company became an unsecured creditor for approximately £10,000
Administrators' statement of proposals (2012-05-22) · Companies House register