Mon, 03 Dec 2012 | BUSINESS SALE
A Cheshire based building services contractor, ABS Engineering, has fallen into administration and a buyer has not yet been secured for the company.
The firm has been based at the Turnstone Business Centre in Widnes since 2007. Administrators from Cowgill Holloway - a financial services firm based in the North West - were called in and have been trying to sell the firm as a going concern. Speaking to The Insider, a spokesperson for Cowgill Holloway said, "We hoped to sell as a going concern as administration allowed the work in progress to be preserved. However, we were unable to complete a sale.”
ABS Engineering had been operating as a subcontractor specialising in electrical and mechanical engineering projects. It had worked on the construction of the St Helens and Knowsley Hospital PFI and the Salford MediaCity.
In October, ABS started work on a new Learning Commons building for the University of Manchester, in conjunction with MITIE Engineering Services.
The firm’s website states, ‘ABS Engineering Ltd is a dynamic company which provides a comprehensive range of building services offering to a wide range of clients and industries.’
The administrators at Cowgill Holloway blamed the insolvency on falling turnover.
A well-established UK distributor renowned for high-quality bicycle components and accessories, serving both retail and trade customers nationwide, is available for acquisition.
This well-established specialist glazing business in Derbyshire boasts over 30 years of success, supported by a well-presented showroom and ample storage.
This well-established car sales and garage business in Nottinghamshire offers a superb reputation supported by positive online reviews and occupies a prominent position on a main road in Worksop.
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.