From the administrators' statement

Nuclear & Mechanical Services Limited (Nuclear’) was incorporated on 12 Aprif 2010 for the specific purpose of acquiring the business and assets of Tubros Engineering Limited (Tubros’} which had been placed in administration on 8 April 2010 on a directors’ petition with Gerald Krasner and Andrew Haslam of Begbies Traynor being appointed Joint Administrators.

Managing Director of Tubros Geoffrey Tubman had been a trained engineer for over forty years and had run Tubros with his brother Richard Bernard Tubman since its incorporation in 1996,

Despite trading profitably for many years, the costly takeover of a rival local engineering company tn 2007 had not been successful and had caused ongoing cashflow difficulties.

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Nuclear & Mechanical Services Limited (07219790)

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