# Pentland Precision Limited (SC237621)

> Why UK company SC237621 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/SC237621

- **Status:** Administration ended
- **Administration began:** 2019-10-11
- **Administrators:** Alistair Mcalinden, Blair Carnegie Nimmo
- **Administrators' firm:** KPMG
- **Formerly:** Pentland Precision Engineering Finishes Limited
- **Incorporated:** 2002-10-02
- **Location:** Glasgow
- **Industry:** 71129 Other engineering activities

## Why it went into administration

- Cash flow / liquidity pressure
- Competition / price pressure
- Creditor pressure / legal action
- Loss of a key customer, supplier or contract
- Sustained trading losses
- Parent or group failure

## From the administrators' statement

The Company was incorporated on 2 October 2002 as a precision engineering business which offered services including laser cutting, sheet metal work, fabrication and powder coating for customers across a wide range of sectors including oil and gas, shipbuilding and renewable energy.

The Company traded from leasehold premises in Loanhead and until recently had approx. 40 employees.

The Company did not form part of a group of companies and, at the date of the administration, was privately owned by two individuals who were also directors.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/SC237621/filing-history/MzI1MTczMzYwNmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/SC237621

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