Multi Metals Limited (SC064671): administration
- Status
- Administration ended
- Administration began
- 2022-12-20
- Administrators
- Alistair Mcalinden, Blair Carnegie Nimmo
- Administrators' firm
- Interpath Advisory
- Formerly
- Multi Metals (Scotland) Limited
- Incorporated
- 1978-04-19
- Location
- Glasgow
- Industry
- 46720 Wholesale of metals and metal ores
Why it went into administration
- Sustained trading losses
- Competition / price pressure
From the administrators' statement
2.1. + Background information
The Company was incorporated in April 1978 to operate a specialist metal stockholding, processing, and distribution business, supplying steel and aluminium to UK based commercial customers.
The Company traded from leasehold premises in Bellshill on the outskirts of Glasgow and had five employees (excluding the director).
Administrators' statement of proposals (2023-01-31) · Companies House register