T2 Engineering Ltd (08510867): administration
- Status
- Administration ended
- Administration began
- 2014-10-14
- Administrators
- Andrew John Duncan, Neil A Bennett
- Administrators' firm
- Leonard Curtis
- Incorporated
- 2013-04-30
- Location
- London
- Industry
- 25110 Manufacture of metal structures and parts of structures
Why it went into administration
- Loss of a key customer, supplier or contract
- Cash flow / liquidity pressure
- HMRC / tax arrears
- Creditor pressure / legal action
From the administrators' statement
The Company was incorporated on 30 April 2013 The Company commenced trading on 21 June 2013, having acquired the business and assets of Ilford Engineering Limited from its Administrators
The Company latterly traded from leasehold premises at Bentalls, Pipps Hill industrial Estate, Basildon SS14 3BY The principal trading activity was the engineering of precision parts for the automotive and defence sectors
The Company was funded by an initial investment of £932,000 by Bryan Green (t/a TNU! Capital) and Vaughan Thomas ("the Directors’), which was secured over the assets of the Company by way of a debenture incorporating fixed and floating charges
Administrators' statement of proposals (2014-12-15) · Companies House register