Garrick Fabrications Ltd (07469069): administration
- Status
- Administration ended
- Administration began
- 2013-05-16
- Administrators
- John Malcolm Titley, Andrew Poxon
- Administrators' firm
- Leonard Curtis
- Incorporated
- 2010-12-14
- Location
- Manchester
- Industry
- 25990 Manufacture of other fabricated metal products n.e.c.
Why it went into administration
- HMRC / tax arrears
- Creditor pressure / legal action
- Cash flow / liquidity pressure
- Property / lease costs
- Credit insurance / supplier credit withdrawn
- Competition / price pressure
From the administrators' statement
34 The Company was incorporated on 14 December 2010 and commenced to trade on 21 December 2010 following the acquisition of the business and assets of Gamck Engineenng Limited
32 The Company traded from leasehold premises at 9 Crowland Street Industral Estate, Crowland Street, Southport, PR9 7RQ The pnncipal trading activity of the Company involved general engineering fabrication for a variety of sectors in the UK and European markets, including aerospace, telecommunications, automotive and pharmaceutical
33 The Company was financed by way of a factonng facility in favour of Bibby Financial Services Limited (‘Bibby’) who also has the benefit of a fixed and floating charge debenture over the Company's assets dated 16 December 2010
Administrators' statement of proposals (2013-07-12) · Companies House register