Andrew Weir Shipping Limited (SC005991): administration
- Status
- Administration ended
- Administration began
- 2014-11-20
- Administrators
- Blair Carnegie Nimmo, Brian Green, David James Costley-Wood
- Administrators' firm
- KPMG
- Formerly
- Bank Line Limited (The)
- Incorporated
- 1905-10-20
- Location
- Glasgow
- Industry
- 50200 Sea and coastal freight water transport
Why it went into administration
- Pension deficit
From the administrators' statement
Andrew Weir Shipping Limited (“AWS” or the “Company") operated a ship management business based in London. It was incorporated in 1905 and operated its own vessels for many years up to the 1990s since when it has been in decline. In recent years the Company focused on providing ship management services (principally arranging maintenance) for a number of customers.
The Company had 24 employees at the date of Administration and traded from Dexter House, 2 Royal Mint Court, London, EC3N 4XX.
The SIP16 memorandum which was sent to creditors shortly after appointment is attached. This narrates in detail the background to the appointment, the sales process and the prior involvement of KPMG.
Administrators' statement of proposals (2015-01-19) · Companies House register