Please visit http://www.companyrescue.co.uk/ for confidential help and insolvency advice or email keiths@ksagroup.co.uk

Tuesday, 19 July 2011

Marill Engineering in administration

I have been told by an employee of Marrill Engineering that the company has gone into administration and that it continues to trade as a going concern. This has been confirmed to me by the administrators at RSM Tenon on 0191 511 5000


Marrill Engineering is based in Coventry with a division in Gateshead and employs 169 people with a last reported turnover of £13m.  The company specialises in press tooling design and component manufacture.

There is no reason to assume that the business can't be saved or sold.  After all, the first aim of administration is rescue.   If the business is sold then TUPE does apply and the new owner will have to take on the employee contracts. 

If you are a supplier of Marill then you should look at our pages on how to protect your position here.

No comments :

Post a Comment

Many thanks for your comments. If you have a private business problem and you want advice give us a call on 0800 9700 539 or email me at keiths@companyrescue.co.uk. If you are a professional advisor with a troubled client, please suggest they visit www.companyrescue.co.uk or contact me as above.

Web Analytics