SBV Engineering Limited (09348240): administration
- Status
- Administration ended
- Administration began
- 2016-10-24
- Administrators
- Howard Smith, Jonathan Charles Marston
- Administrators' firm
- KPMG
- Incorporated
- 2014-12-09
- Location
- Newcastle upon Tyne
- Industry
- 25110 Manufacture of metal structures and parts of structures
Why it went into administration
- HMRC / tax arrears
- Creditor pressure / legal action
- Bad debts / customer insolvency
- Cash flow / liquidity pressure
- Competition / price pressure
From the administrators' statement
The Company was incorporated and commenced trading on 9 December 2014
The Company manufactured and installeq structural steel fabrications, as well as undertaking precision machining and site services for clients in the high end industrial and public infrastructure sectors
The Company had 38 employees and traded from premises on the Teesport Commerce Park in Middlesbrough
Administrators' statement of proposals (2016-12-21) · Companies House register