A precision engineering company based in Portslade has gone into liquidation, leaving all 16 members of staff redundant.
C P Mechanical Designs Limited, which was first registered at an address in Goring Road, Worthing and is now based on Wellington Road in Portslade, has stopped trading after it called in insolvency and restructuring experts from CVR Global earlier this month.
David Oprey and Elias Paourou, partners at CVR Globals Hove office, were appointed joint-liquidators on Wednesday, March 1.
Mr Oprey said: C P Mechanical Designs Limited is a long established company trading as precision engineers and in recent times had suffered a significant loss of…
Read the full article at: http://www.shorehamherald.co.uk/news/business/engineering-company-goes-into-liquidation-1-7897527