A Bristol metal fabrications company has fallen into administration.
Brola Fabrications, which traded from South Liberty Lane in Ashton Vale, appointed Andrew Beckingham and Siann Huntley of business recovery firm Leonard Curtis on June 1. The administrators are based at Queen Square in Bristol.
According to Linkedin, Brola Fabrications was founded in 2012 by directors Stephen Brooks and Holman St Peter Lattiebeaudiere, who are the managing directors and majority shareholders of the business. Latest accounts on Companies House show the company employed 10 staff.
The firm carried out a range of fabrication work - from standard and custom aluminium fabrications up to four-metres long to heavy duty steel works. The business also offered cutting, punching, pressing and welding services, and had a supplier base for laser fabrication, powder coating and galvanising.
Companies House accounts for the year ending December 31, 2021, show the amounts falling due to creditors within one year were £172,384. During the year the directors maintained a loan account with the company. At the year end, the business owed the directors £1,514 - up from £1,202 in 2020.
It is not yet known what will happen to staff following the appointment of the administrators. Leonard Curtis and the Brola Fabrications have not responded to a request for comment.
The news comes as corporate insolvencies across the South West jumped nearly 30% in the first quarter of 2022. Businesses are coming under financial strain due to a series of compounding crises – from inflation and supply chain disruption to the impact of the conflict in Ukraine and the pandemic.
