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By Armstrong Watson

26th June 2018

Administrators Appointed over Escubed Limited

On Tuesday 19 June 2018, Escubed Limited was placed into Administration and Rob Adamson and Mark Ranson, Insolvency Practitioners at Armstrong Watson LLP, were appointed as Joint Administrators.

The Company provided research and development services in material and powder technology across a wide range of sectors from premises in Wetherby, North Yorkshire. The Company ceased trading prior to the appointment and regrettably all employees were made redundant.

Lead Administrator, Rob Adamson of Armstrong Watson LLP said:

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By Armstrong Watson

31st July 2017

RRI Team Facilitate Aardvark Clear Mine Sale to Menasat Gulf Group

Armstrong Watson LLP’s Restructuring Recovery and Insolvency team acting as Joint Administrators of Penman Engineering Holdings Limited - in Administration (the “Company”) have completed the sale of the Company’s 100% equity holding of Aardvark Holdings Limited incorporating Aardvark Clear Mine Ltd (“Aardvark”), the leading global humanitarian mine clearing machine manufacturer to Menasat Gulf Group PLC (“Menasat”). 

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By Mike Kienlen

1st February 2017

Our RRI team saves more than 350 jobs

Our RRI team have safeguarded more than 350 jobs at Earn Extra, a payroll specialist based in Brighouse, Yorkshire. The team, led by Mike Kienlen and Mark Ranson have secured the jobs since finding a buyer for both the business and assets after being appointed as administrators on 23 January.

Earn Extra 139 was founded in 2006 and is a large payroll provider in the region. 

The payroll company delivers Umbrella, CIS and PAYE Payroll services for the telecoms, construction, overhead power lines, utilities and civil engineering sectors.

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Penman Truck

By Armstrong Watson

31st August 2016

Specialist vehicle manufacturer enters administration

Penman Engineering Limited, the Dumfries based developer and manufacturer of specialist vehicles, entered administration on 31 August 2016.  

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