# Burntisland Fabrications Limited (SC213282)

> Why UK company SC213282 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/SC213282

- **Status:** In administration
- **Administration began:** 2020-12-14
- **Administrators:** Gavin George Scott Park, Clare Boardman
- **Administrators' firm:** Deloitte
- **Formerly:** Purple Venture 111 Limited
- **Incorporated:** 2000-11-28
- **Location:** Edinburgh
- **Industry:** 25610 Treatment and coating of metals

## Why it went into administration

- Funding withdrawn / unable to refinance
- Competition / price pressure

## From the administrators' statement

As presented on the prior page, BiFab recorded operating losses over the previous three years. Additionally, the Company’s revenues declined from c.£33m in the 12 months ended 31 December 2019 to c.£3m in the 11 months ended 30 November 2020, as the Company was unable to secure new contracts.

The Directors have attributed the inability to secure new contracts to a combination of:

1. Market competition; and

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/SC213282/filing-history/MzI5MTQwNTI3NGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/SC213282

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.