# M.J.B. ENG. Limited (07635401)

> Why UK company 07635401 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/07635401

- **Status:** Administration ended
- **Administration began:** 2013-01-28
- **Administrators:** Gerald Irwin
- **Administrators' firm:** MHA
- **Incorporated:** 2011-05-16
- **Location:** Sutton Coldfield
- **Industry:** 32990 Other manufacturing n.e.c.

## From the administrators' statement

MJB Eng Limited was incorporated on 16 May 2011 to carry on the business of engineering parts for various industries The business was purchased from the Admunistrator of MJB Eng (2000) Limited in June 2011

The business initially traded steadily month on month with the support of a factoring company to assist with cashflow Due to the economic climate, however, many of the customers reduced the quantity of items being ordered As a consequence, the business started to struggle with cash-flow and as a result, the business fell behind with its payments to HM Revenue and Customs

Efforts were made by the director to reduce its overheads but these cuts were insufficient and during the latter part of 2012, HM Revenue and Customs petitioned for the winding up of the company As a result, the company bankers, Lloyds TSB Plc, froze the bank account on 9 January 2013 upon learning that the petition had been advertised

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/07635401/filing-history/MzA3Mjg2MTQ5MmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/07635401

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