Thomas Storey Fabrications Group Limited (09899165): administration
- Status
- In administration
- Administration began
- 2025-06-05
- Administrators
- Gareth Harris, Christopher Ratten
- Administrators' firm
- RSM
- Incorporated
- 2015-12-02
- Location
- Manchester
- Industry
- 25110 Manufacture of metal structures and parts of structures
Why it went into administration
- HMRC / tax arrears
- Creditor pressure / legal action
- COVID-19
- Loss of a key customer, supplier or contract
- Competition / price pressure
From the administrators' statement
Relevant extracts from the company’s financial statements and management accounts are summarised below. Period ended 31 July 2023 31 July 2024 31 March 2025 £'000 Statutory Statutory Information (YTD) Turnover 17,595 12,006 6,691 Gross profit 2,681 2,508 1,500 Operating Profit 669 316 N/A* EBITDA 886 530 (488) Dividend paid (257) (257) (86)
*The Management Information did not provide a comparable operating profit figure to the previous statutory accounts, hence not included within the table above.
Administrators' statement of proposals (2025-06-16) · Companies House register