Matt Engineering Limited (10533681): administration
- Status
- Administration ended
- Administration began
- 2018-11-01
- Administrators
- Louise Williams, Paul Mallatratt
- Administrators' firm
- White & Co Property Advisory
- Incorporated
- 2016-12-20
- Location
- Nottingham
- Industry
- 46140 Agents involved in the sale of machinery, industrial equipment, ships and aircraft
Why it went into administration
- Creditor pressure / legal action
- Funding withdrawn / unable to refinance
- HMRC / tax arrears
- Competition / price pressure
From the administrators' statement
Brief background
Matt Engineering Limited was incorporated on 20 December 2016 and started trading in January 2017 when it purchased substantially all of the assets from the Joint Administrators of Steelridge Limited. The Company traded from leasehold premises at Littlefair Road, Heddon, Hull and employed 59 staff. The Company was an independent engineering business specialising in the manufacture and machining of steel fabrications, and operated in a number of markets including nuclear, structural steel, defence and water.
In May 2018, a sale and purchase agreement was completed between the sole shareholder, James Hopkinson, and On 4 Cast Limited for the consideration of £1.
Administrators' statement of proposals (2019-01-16) · Companies House register