Midlands Metal Fabrications Ltd (10441505): administration
- Status
- Administration ended
- Administration began
- 2017-05-24
- Administrators
- Stephen Gerard Clancy, Steven Muncaster
- Administrators' firm
- Kroll
- Incorporated
- 2016-10-24
- Location
- Nuneaton
- Industry
- 25990 Manufacture of other fabricated metal products n.e.c.
Why it went into administration
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Sustained trading losses
From the administrators' statement
Statutory information on the Company and a summary of its short financial history is included at Appendix 1.
The Company was incorporated on 24 October 2016, specifically to acquire the business and assets of MMPL from Administration.
The Company was founded by the Directors, with Kayvan Namazi also acting as the sole shareholder. The Company also empioyed fifty-two additional members of staff.
Administrators' statement of proposals (2017-07-25) · Companies House register