# Pristine Engineering Ltd (07399116)

> Why UK company 07399116 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/07399116

- **Status:** Administration ended
- **Administration began:** 2014-04-28
- **Incorporated:** 2010-10-06
- **Location:** Bromsgrove
- **Industry:** 25110 Manufacture of metal structures and parts of structures

## Why it went into administration

- HMRC / tax arrears
- Competition / price pressure
- Sustained trading losses
- Credit insurance / supplier credit withdrawn

## From the administrators' statement

The company was incorporated in October 2010 and began trading in October 2011 The company primarily supplied precision turned parts using a range of metal materials in most grades, covering simple parts through to those that required several operations to complete

The company supplied its products to window lock and door customers In addition, the company provided CNC milling and turning services for customers across a range of industries as well as providing sub contract CNC services

The company began to experience financial pressure due to increased competition within the region, forcing the company to reduce its prices to remain competitive, resulting in a reduction In the company’s profit margin

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/07399116/filing-history/MzEwMDYxNjAzNmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/07399116

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.