Gemini Corrosion Services Limited (SC101799): administration
- Status
- Administration ended
- Administration began
- 2016-06-17
- Formerly
- Lochway Limited
- Incorporated
- 1986-11-11
- Location
- Aberdeen
- Industry
- 32990 Other manufacturing n.e.c.
Why it went into administration
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Sustained trading losses
- Competition / price pressure
From the administrators' statement
Administration
3.1 The Company was incorporated on i1 November 1986 and its
principal activity since then was the provision of painting and speciality coatings to equipment used mainly in the oil and gas industry. The Company initially traded from premises in Stonehaven but later transferred to owned premises at Brent Avenue, Montrose.
Administrators' statement of proposals (2016-08-16) · Companies House register