Elland Metal Spinners rescued from closure saving several jobs

In a joint exercise with Manchester’s RSM and co-ordinated by Poppleton & Appleby Licensed Insolvency Practitioners, Elland Metal Spinners has avoided potential closure, saving 18 jobs.

With funding support from Ultimate Finance, the purchasers were advised by Richard Brier of Isaacs Business Finance Limited and Jeremy Garside, a partner at commercial law specialists, Williams & Co.

Elland Metal Spinning was founded in 1946 and is a specialist contract metal spinner, supplying components in mild steel, aluminium and various alloys.

Joint administrator, Charles Brook of Poppleton & Appleby, said: “I am delighted to start the year with this good news, which demonstrates the positive results of swift action when taken by experienced insolvency professionals.

“Keeping jobs and highly skilled services within the locality is as much a part of helping the area to thrive as any other measures.

“The business now has a very good future with commercial customers across the UK and beyond that are relieved it can continue to serve their needs.”

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