Enemetric Limited (08124564): administration
- Status
- Administration ended
- Administration began
- 2014-12-10
- Administrators
- James Bernard Stephen, Francis Graham Newton
- Administrators' firm
- BDO
- Formerly
- Powerwall Volumetric Limited
- Incorporated
- 2012-06-29
- Location
- London
- Industry
- 71129 Other engineering activities
Why it went into administration
- Sustained trading losses
From the administrators' statement
The company was incorporated on 29 June 2012 The company traded in the business of volumetric construction providing design and build service for a range of buildings. In addition the company also manufactured patented honeycomb wail panels used in building construction.
Enemetric Limited was toss making in 2013 and 2014 and relied upon the continuing support of its bankers, Clydesdale Bank ple (“the Bank”), and its Group companies
Imtial losses were as a result of large set up costs when the company purchased the business from Powerwall Space Frames Limited (In Administration) (“Powerwall”), 1n 2012. Futhermore, the costs of transporting large items of plant from Italy in relation to the wall panels compounded the ongoing trading losses
Administrators' statement of proposals (2015-02-11) · Companies House register