Webster Machinery Limited (08987993): administration
- Status
- Administration ended
- Administration began
- 2019-11-20
- Administrators
- Howard Smith, James Ronald Lumb
- Administrators' firm
- KPMG
- Incorporated
- 2014-04-09
- Location
- Leeds
- Industry
- 33190 Repair of other equipment
Why it went into administration
- Creditor pressure / legal action
- Cash flow / liquidity pressure
- Sustained trading losses
From the administrators' statement
The Company was incorporated on 9 April 2014 and shortly after its formation, purchased the business and assets of an insolvent entity, Webster Machines Limited on 11 April 2014, via a pre-pack transaction.
The Company subsequently traded in the mining sector, acting as a repairer and supplier of plant and machinery to the mining industry. The Company primarily operated from leasehold premises in Chesterfield, with a further site in Doncaster.
Following the conclusion of a key contract, all of the Company’s 10 employees were made redundant in September 2018, prior to our appointment as administrators.
Administrators' statement of proposals (2020-01-21) · Companies House register