Alitech Precision Ltd (09230734): administration
- Status
- Administration ended
- Administration began
- 2022-07-29
- Administrators
- Michael Paul Roome, Dean Anthony Nelson
- Administrators' firm
- PKF
- Incorporated
- 2014-09-23
- Location
- Nottingham
- Industry
- 71121 Engineering design activities for industrial process and production
Why it went into administration
- COVID-19
From the administrators' statement
3.1
3.2
As detailed above, it had become evident that the Company had accrued a substantial Crown liability during the pandemic and the Board was unable to produce a credible business plan going forward to discharge that liability and maintain profitability, therefore the director approached PKF Smith Cooper to review the financial position and advise on the options available.
Administrators' statement of proposals (2022-08-10) · Companies House register