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UK metal manufacturer plunges into liquidation - in business since 1959

اقتصاد
Mirror
2026/04/22 - 06:20 508 مشاهدة
تحليل ذكي | AI Editorial Analysis
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UK metal manufacturer plunges into liquidation - in business since 1959Wragg Bros has become one of the latest companies to slip into liquidation, a legal process whereby a business is shut down, after operating for almost seven decadesNewsTannur Anders UK & World News Reporter07:20, 22 Apr 2026Updated 07:21, 22 Apr 2026View 3 ImagesA man works at a steelmaker in Huai'an city in China (file image)(Image: HE JINGHUA / Feature China/Future Publishing via Getty Images)Liquidators have been appointed to a UK metal manufacturer that has operated for close to 70 years.‌Wragg Bros., a manufacturer of steel tubes, pipes, hollow profiles and related fittings, have been appointed David Farmer and Lloyd Biscoe as liquidators. They were appointed on April 16.‌Liquidation is the legal process by which a business is shut down. This often include selling the business's assert as a means to generate cash which will be used to pay creditors and shareholders.‌Wragg Bros., founded on September 18, 1959, operates a full-service metal fabrication company. Based in the UK, it is known for delivering high-quality metal products to various industries.View 3 ImagesA worker by a furnace at a steelmaker in Huai'an in China (file image)(Image: HEJINGHUA / Feature China/Future Publishing via Getty Images)It supplies metal products to marine, automotive, construction and agricultural sectors and specialises in manufacturing measures and proving vessels for the oil industry and weights and measures authorities.‌It was the sole authorised manufacturer of the Ladderfix range of products. Several other UK companies have slipped into liquidation in recent months.Delivery services firm Quiver Delivery LTD had liquidators appointed following a torrent of furious reviews targeting its service.On Monday, 13 April, Quiver Delivery appointed Ian Michael Rose and Paul Mallatratt, both of Abbey Taylor Jones Limited, as liquidators, according to a government gazette.‌View 3 ImagesPackage de...
المصدر: Mirror | Source: Mirror

ملاحظة تحريرية | Editorial Note: نُشر هذا المقال في الأصل بواسطة Mirror. خبر (Khabr) هي منصة إعلامية أردنية مرخّصة تعمل بالذكاء الاصطناعي. نضيف قيمة تحريرية من خلال: تحليل ذكي للأخبار، ملخصات تلقائية، رواية صوتية بالذكاء الاصطناعي، ترجمة متعددة اللغات، وتدقيق الحقائق. هدفنا جعل الأخبار أكثر وضوحاً وسهولةً للقارئ العربي.

This article was originally published by Mirror. Khabr is a licensed Jordanian AI-powered news platform (Registration #82086). We add editorial value through: AI-powered news analysis, automated summaries, AI audio narration, multi-language translation (Arabic, English, French, Turkish), and AI fact-checking. Our mission is to make news more accessible and understandable for Arabic-speaking audiences worldwide.

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المزيد عن اقتصاد | More on Economy

هذا الخبر ضمن تغطية خبر لقسم اقتصاد. نقدّم لك تحليلات ذكية وملخصات يومية لأهم الأخبار من مصادر موثوقة متعددة. المصدر: Mirror. يوجد 6 مقالات مرتبطة بهذا الموضوع.

This article is part of Khabr's coverage of Economy. We provide AI-powered analysis, summaries, and multi-source aggregation to keep you informed. Source: Mirror. Tags: liquidation, business, manufacturing.

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