SFP administrator brothers called to BRK Engineering
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.”