Enterprise Realisations Limited (SC043311): administration
- Status
- Administration ended
- Administration began
- 2016-05-26
- Administrators' firm
- KPMG
- Formerly
- Enterprise Engineering Services Limited; Enterprise Sheet Metal Limited
- Incorporated
- 1966-03-30
- Location
- Glasgow
- Industry
- 25110 Manufacture of metal structures and parts of structures
Why it went into administration
- Cash flow / liquidity pressure
- Sustained trading losses
- Funding withdrawn / unable to refinance
- Loss of a key customer, supplier or contract
From the administrators' statement
the administration).
The Company was a wholly owned subsidiary of Craigshaw Engineering Limited ("CEL"), which in turn was owned by Craigshaw Holdings Limited (“CHL”). The Company owned 100% of the share capital in Mowat Technical & Design Services Limited ("MTDS"). CHL, CEL and MTDS are all dormant.
The Company specialised in the fabrication of pipework, structural steelwork and associated services for the on and off shore oil and gas, nuclear and hydro industries, together with the supply of specialist labour.
Administrators' statement of proposals (2016-07-11) · Companies House register