Web
Analytics
Report - - Castmaster Roll - Sheffield - Nov 16 | Industrial Sites | 28DaysLater.co.uk
  • Welcome to 28DaysLater.co.uk - 28DL - The UK Urban Exploring / Urban Exploration / Urbex Forums.

    Asylums and Hospitals, High Stuff, Industrial, Leisure Sites, Residential Sites, Military Sites, Mines and Quarries, ROC Posts, Theatres and Cinemas, Draining, Underground Sites, European and International Sites, Leads, Rumours and News, Kit, Clothing, Equipment, Photography and Video sections, plus Private & Local Groups and a lot more.

    Please feel free to browse this website as a guest. However, creating an account allows you to search, post replies, start new threads, use bookmarking, live chat, messaging and notification systems. Also, it removes some ads.

    Create an account | Login | Request new password

Report - Castmaster Roll - Sheffield - Nov 16

matt09

28DL Full Member
28DL Full Member
#1
A Sheffield manufacturing firm that collapsed into administration with the loss of nearly 80 jobs owes more than £500,000 to creditors, it has been revealed. More than 140 local and national companies are owed money in the wake of the collapse of Castmaster Roll, based at the Eagle Foundry in Attercliffe. The business went into administration in October and as no new buyer could be found, all 78 workers have lost their jobs and the firm’s assets are being sold.

The firm had reported a trading loss for three years in a row before going into administration, including a £400,000 loss for the year ending January 31, 2014. Details included in the papers of administrator KPMG show £502,353 was owed to different companies at the time of administration.

The firm produced iron and steel quality rolls, discs and sleeves for the manufacturing and food processing industry. The Stevenson Road site began making gas lamps more than a century ago and became a roll maker about 95 years ago. It was known as the Davy Roll company but, after going into receivership, it was reborn as Castmaster Roll in the mid-2000s, taken over by new owner Mel Farrar.

























 

Similar threads