Aerospace manufacturer B&H.PT. Limited have been saved following a sale of the business and its assets to ASG Tooling Limited.
Richard Goodall and Simon Farr of FRP Advisory were appointed as Joint Administrators of the Stockport-based business on 20th June 2025, and finalised the sale on the same day as part of a pre-packaged transaction.
B&H.PT. Limited operates from two sites in Reddish and Stockport, specialising in the manufacture and sub-assembly of aerospace components. The business, which generates annual revenues of approximately £6.5 million, had encountered cashflow difficulties driven by high operating costs, reduced sales volumes and broader market conditions.
Ahead of the appointment, FRP worked with the directors to conduct an options review, support the company through critical cashflow management, and run a targeted accelerated sale process. The successful outcome resulted in a sale to ASG Tooling Limited, a connected company within the wider ASG engineering and manufacturing group.
The deal includes the transfer of work-in-progress, stock, unencumbered plant and machinery, and intellectual property.
The transaction provides strategic flexibility and additional surge capacity for ASG’s aerospace division, reinforcing the group’s long-term operational resilience.
Richard Goodall, director at FRP and Joint Administrator of B&H.PT. Limited, said: “Securing a future for this long-standing manufacturing business has been our priority throughout the process. The transaction provides stability and continuity for customers and suppliers, long-term operational resilience for the business.”
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