A well-established aerospace engineering company located in Merseyside has recently entered administration. North West Precision Limited, which commenced operations in 1977, faced the administration process on May 14, potentially jeopardizing numerous jobs. The administration was carried out by Steven Muncaster and Mike Dillon from Leonard Curtis.
The administration proceedings encompass the firm, known for its specialization in crafting precision components for aircraft, spacecraft, and related equipment. Operating from the Rock Ferry Industrial Estate in Birkenhead, the family-owned British company, North West Precision, manages two factories and has been serving esteemed clients like Airbus, BAE Systems, and Hawker Beechcraft for over thirty years.
According to its website, the company has ensured a stable financial future under new ownership, enabling a series of enhancements and investments that have driven continuous growth. North West Precision boasts a skilled team of craftsmen dedicated to batch manufacturing components and assemblies. Their expertise spans machine tool and traditional high precision jig and tool production, incorporating cutting-edge C.A.D.C.AM techniques and C.N.C machines.
In 2016, Arlington Aerospace acquired North West Precision, aiming to enhance operational efficiency for clients in the sector. The company had previously faced challenges, with a related entity entering administration in 2010. However, its assets were later sold to establish the current limited company in 2013, as reported by the Express.
In 2023, the company encountered another financial distress situation that endangered approximately 60 jobs but managed to sustain operations until the recent administration. Presently, administrators are evaluating the company’s status and working towards securing a buyer or extracting value from its assets and expertise within the competitive aerospace supply chain.
Recent financial records, filed on June 9, 2025, for the fiscal year ending September 30, 2024, reveal debtors totaling £2.197m, up from £1.773m in the previous year. Total assets also saw an increase to £991,734, compared to £614,383 in 2023. The accounts indicate that the company maintained an average workforce of 66 employees throughout the year.