Administrators appointed to Caip Limited

Administrators appointed to Caip Limited

Two partners from KPMG's Restructuring practice in Manchester have been appointed joint administrators to Caip Limited.

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Paul Flint and Brian Green from KPMG’s Restructuring practice in Manchester have been appointed joint administrators to Caip Limited, a technical engineering business which provides services to the telecoms, renewable energy and construction sectors.

The company, which employs approximately 117 members of staff, is headquartered in Daresbury, near Warrington, with smaller sites in Northampton, Lymington and Didcot.

Following the appointment of the joint administrators, the business ceased trading and a total of 110 employees were made redundant. A small number of staff have been retained temporarily to assist the joint administrators with the managed wind down of the business.

Paul Flint, associate partner at KPMG and joint administrator, said: “The company has experienced a number of delays on contracts with key customers which has had a significant impact on its cash flow which has contributed to its failure.”

Asset sale queries should be directed to Dominic Castle – 0161 246 4168

Employee queries should be directed to Tracey Wilkinson of Insol Employee Solutions - 0121 333 1295

Creditor queries should be directed to Tom Johnson - 0161 246 4102


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For further information please contact:

Katy Broomhead, PR Manager, KPMG

T: +44 (0)161 246 4623

M: +44 (0)7824 537 963


KPMG Press office: +44 (0)207 694 8773


About KPMG

KPMG LLP, a UK limited liability partnership, operates from 22 offices across the UK with approximately 11,500 partners and staff.  The UK firm recorded a turnover of £1.8 billion in the year ended September 2013. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. It operates in 155 countries and has 155,000 professionals working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity.  Each KPMG firm is a legally distinct and separate entity and describes itself as such.

This article represents the views of the author only, and does not necessarily represent the views or professional advice of KPMG in the UK.

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