MSL Manufacturing Limited (07438314): administration
- Status
- Administration ended
- Administration began
- 2012-02-14
- Administrators
- John Malcolm Titley, Andrew Poxon
- Administrators' firm
- Leonard Curtis
- Formerly
- Metalrax Storage Limited; Workingdream Limited
- Incorporated
- 2010-11-12
- Location
- Bury
- Industry
- 32990 Other manufacturing n.e.c.
Why it went into administration
- Cash flow / liquidity pressure
- Loss of a key customer, supplier or contract
- Management failings / irregularities
- Competition / price pressure
From the administrators' statement
The Company was incorporated on 12 November 2010 and traded from leasehold premises at Bordesley Green Road, Birmingham, B9 4TP
The Company manufactured and installed racking storage systems, predominantly supplying to the retail sector but also fo light industrial companies
The Company was established to purchase the business and assets of Metalrax Storage, a division of Metalrax Engineering Support Services Ltd (‘MESSL") The division had made losses for the 2 years prior to the purchase but tt was considered a viable business due to its strong name in the industry and toyal customer base As a term of the purchase, the names Metalrax Storage and Metalrax-Storage were available to be utilised by the Company under a cence from MESSL
Administrators' statement of proposals (2012-04-13) · Companies House register