Northern Fabs (Bradford) Ltd (06317227): administration
- Status
- Administration ended
- Administration began
- 2024-05-23
- Administrators' firm
- FRP Advisory
- Incorporated
- 2007-07-18
- Location
- Sheffield
- Industry
- 24100 Manufacture of basic iron and steel and of ferro-alloys
Why it went into administration
- COVID-19
- Cash flow / liquidity pressure
- Loss of a key customer, supplier or contract
- Sustained trading losses
From the administrators' statement
The Company was founded by Lewis Anthony Aspinall (“LAA”) in 1965, trading from its trading premises at Albion Engineering Works, Albion Road, Idle, Bradford, BD10 9LT (“the Property”).
The Company was formally incorporated as a limited company on 18 July 2007 and continued to trade from the same address, with LAA and his sons, Andrew Paul Aspinall (“APA”) and Richard Anthony Aspinall (“RAA”), all appointed as directors of the Company on even date, with the directors each holding an equal shareholding of 33 ordinary shares upon incorporation.
In September 2007, to aid the Company’s cashflow, the Company secured a loan from its
Administrators' statement of proposals (2024-07-02) · Companies House register