Vaughan Engineering Limited (SC050679): administration
- Status
- Administration ended
- Administration began
- 2018-03-26
- Administrators
- Blair Carnegie Nimmo, Stuart Irwin, Alistair Mcalinden
- Administrators' firm
- KPMG
- Formerly
- Vaughan Mechanical Services (Scotland) Limited
- Incorporated
- 1972-05-31
- Location
- Glasgow
- Industry
- 43210 Electrical installation
Why it went into administration
- Loss of a key customer, supplier or contract
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Credit insurance / supplier credit withdrawn
- Sustained trading losses
From the administrators' statement
The Company was incorporated on 31 May 1972 and was part of the Vaughan Engineering Group, a family-owned group of companies established in 1955 and operating throughout the United Kingdom and Ireland.
The Company was a well-established provider of mechanical and electrical building services to the construction and engineering industries, specialising in large commercial and industrial projects. The Company’s key customers were largely blue-chip building and construction contractors.
Operating throughout the United Kingdom, the Company traded from three main leasehold premises at:
Administrators' statement of proposals (2018-05-23) · Companies House register