# Progress Precision Engineering Limited (07762976)

> Why UK company 07762976 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/07762976

- **Status:** Administration ended
- **Administration began:** 2016-04-04
- **Administrators:** Colin David Wilson, Joanne K Rolls
- **Administrators' firm:** Opus Restructuring
- **Incorporated:** 2011-09-05
- **Location:** London
- **Industry:** 28990 Manufacture of other special-purpose machinery n.e.c.

## Why it went into administration

- Credit insurance / supplier credit withdrawn

## From the administrators' statement

The Company was tncorporated on 5 September 2011 tn the name of Progress Precision Engineering Limited by the Company's sole director Gareth Edwards (‘GE’) GE has 25 years’ experience in running an engineering business The market for the Company's services was GE's existing customers

The Company traded as a precision engineering business, offering a comprehensive range of services from CNC milling, CNC turning, CNC sheetmetal work, welding and fabrication, with turnover of c£500k The size of a contract could range from £500 to £80,000

The Company specialises in engineering low volume production metal products for the healthcare, scientific, and oil & gas sectors The Company manufactured precision parts to customer drawings

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/07762976/filing-history/MzE0ODI4NzI3OGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/07762976

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