Rotherham Holdings Realisations Limited (05623065): administration
- Status
- Administration ended
- Administration began
- 2015-02-02
- Administrators
- Jonathon P Sumpton, Robert Hunter Kelly
- Administrators' firm
- EY
- Formerly
- MTL Group Holdings Limited; Mayflower Technology Holdings Limited; Broomco (3936) Limited
- Incorporated
- 2005-11-15
- Location
- Leeds
- Industry
- 70100 Activities of head offices
Why it went into administration
- Cash flow / liquidity pressure
- Funding withdrawn / unable to refinance
- Sustained trading losses
From the administrators' statement
The Companies are part of a wider group made up of one trading company, MTL Group, and two holding companies, MTL Holdings and Mayflower
The business was established in 1995 as a contract manufacturing specialist in the metal sector and produced steel products for a vanety of customers The business offered a full range of metal manufacturing processes including cutting (laser, water jet and plasma), bending, welding, press braking, fabricating and machining The core sectors served were defence, construction, quarrying, ratl, recycling and offshore oil & gas
The current Group structure, as presented below, was formed following a management buy-out in 2006
Administrators' statement of proposals (2015-04-01) · Companies House register