On 20th January 2017 Nick Reed and Bob Maxwell of Begbies Traynor in Leeds were appointed as joint administrators of the two companies. They are seeking a buyer.
Drawn Metal and DML Architectural Systems have more than 90 years鈥� manufacturing experience, becoming market-leading suppliers of facades and shopfronts.聽 The group supplies several of the UK鈥檚 largest contractors including Laing O鈥橰ourke, Kier and Balfour Beatty.聽 They have worked on a number of high profile projects such as the Scottish Parliament building, the O2 Arena (Millennium Dome, as was) and Stratford station.
Drawn Metal provides bespoke facades and shopfronts; and DML Architectural Systems specialises in external facades, unitised, curtain walling, windows, brise soleil, louvres and cladding.聽 Last year, the two companies had a combined turnover of 拢8.7m.聽 Drawn Metal employs 70 staff at its manufacturing facilities in Swinnow Lane, Bramley.聽
Drawn Metal Holdings Limited, an associated company, is not in administration.
鈥嶫oint administrator Nick Reed said: 鈥淗aving traded since 1924, DML has become known as a leading name in facades, particularly for the retail sector, but, unfortunately, losses on a significant out of town contract has resulted in the directors appointing administrators.
鈥淲e are in the process of assessing the situation in order to achieve the best possible outcome for creditors and the 70 strong workforce. The companies have an excellent reputation and we are seeking interest in the business and assets.鈥�
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