CTS Instrumentation Limited (05792229): administration
- Status
- Administration ended
- Administration began
- 2012-03-14
- Administrators
- Stephen Gerard Clancy, Steven Muncaster
- Administrators' firm
- Kroll
- Formerly
- Restway Ltd
- Incorporated
- 2006-04-24
- Location
- Manchester
- Industry
- 5186
Why it went into administration
- Loss of a key customer, supplier or contract
- Supply chain disruption
- Cash flow / liquidity pressure
- Sustained trading losses
- Competition / price pressure
From the administrators' statement
Statutory information on the Company and a summary of Its financial history ts included at Appendix 1
The Company provided a consultancy service in respect of cllents instrumentation requirements (eg measuring gauges, etc) together with the provision of the goods and services as ordered by end customers
The Company banked with NatWest and had an invoice discounting facility with RBSIF
Administrators' statement of proposals (2012-05-11) · Companies House register