SFP administrator brothers called to BRK Engineering
Daniel and Simon Plant called to BRK after over-trading led to cashflow problems
Daniel and Simon Plant called to BRK after over-trading led to cashflow problems
SFP ADMINISTRATORS have been called to Warwickshire-based engineering business BRK Precision Engineering.
Brothers Daniel (pictured) and Simon Plant, both partners at SFP, were appointed joint administrators of BRK after it suffered major cashflow problems brought about by over-trading.
BRK Precision, which was established in 1989, specialised in manufacturing parts for the automotive industry and had a turnover of about £600,000.
Plant said: “Despite working with a number of significant customers, BRK Precision Engineering was unable to continue trading after experiencing cashflow issues.”
More about:
In the past decade, the professional services industry has transformed significantly. Digital disruptions, increased competition, and changing market ...
View resourceIn recent months, professional services firms are facing more pressure than ever to deliver value to clients. Often, clients look at the firms own inf...
View resourceIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceThe first phase of Making Tax Digital (MTD) saw the requirement for the digital submission of the VAT Return using compliant software. That’s now behi...
View resourcePixel Projects Limited (Pixel) has been sold by SFP, which has saved the positions of all 34 employees Read More...
View articleSteve Absolom and Will Wright from KPMG Restructuring have been appointed joint administrators to City Motor Holdings and associated companies Read Mo...
View articleBegbies Traynor have been appointed administrators of William Anelay Ltd, York, one of Britain’s longest-established construction and heritage restora...
View articleSmith & Williamson has been appointed administrators of charity 4Children Read More...
View articleCowgill Holloway Business Recovery has concluded the sale of assets of film distributor Metrodome to independent movie distributor 101 Films following...
View articleFRP Advisory sells business and assets of Harland Machine Systems Limited to Accraply Europe Limited Read More...
View articleManufacturer DMG Steelworkers has been sold out of administration in a pre-pack deal by insolvency and restructuring firm CVR Global Read More...
View articleLee De’ath and Richard Toone, partners at CVR Global, were appointed joint-administrators of Lexden Centre (Oxford) Limited, trading as Colchester Eng...
View article