Midland Metal Products Limited (06869649): administration
- Status
- Administration ended
- Administration began
- 2016-11-08
- Administrators
- Tyrone Courtman, Lee Brocklehurst
- Administrators' firm
- PKF
- Incorporated
- 2009-04-03
- Location
- Castle Donington
- Industry
- 25990 Manufacture of other fabricated metal products n.e.c.
Why it went into administration
- Loss of a key customer, supplier or contract
- Sustained trading losses
From the administrators' statement
MMP was formed in 2009 to purchase the business and assets of a metal fabrication business that had suffered significantly in the recession The business and assets were purchased from the Administrators of Central Metal Manufacturing Limited in 2009 The Company manufactured a range of highly engineered assembled solutions for blue chip customers Market sectors served include construction equipment, mining equipment, industrial equipment, agricultural equipment, machine tool makers, retail display, security products, sports equipment and street furniture The customers were generally market leaders in their field
The in house production processes involved were laser cutting, punching, folding, welding, painting and assembling Investments were made to upgrade and enhance the equipment, most notably in fibre laser cutting and automated panel bending This had served to not only remove capacity constraints and improve efficiency but also reduce variability achieving greater repeatabllity
The Company employed circa 100 staff of which 84 were production based, and the remainder were sales and administration It operated from its 60,000 square feet site on Merrylees Industrial Estate near Desford in Leicestershire
Administrators' statement of proposals (2016-11-29) · Companies House register