RICS regulated asset valuers BPI Asset Advisory have been instructed by the proposed Administrators of Northern Fabs (Bradford) Limited to value and dispose of the assets of Northern Fabs.

The Bradford, West Yorkshire based company closed its doors in Mid-May, following nearly 60 years in the engineering and fabrication industry.  The company offered specialist services working with stainless steel, supplying pharmaceutical, hospitality and catering industries amongst others. 

Around 120 Lots are now available through BPI’s online marketplace BPI Auctions, with the sale closing at 12 noon on Thursday 30th May 2024.

Asset valuers BPI Asset Advisory are seeking interested parties for the company vehicle, engineering and fabrication equipment, site support assets and metal stocks following the proposed appointment of Wilson Field as Administrators.

These include a Vauxhall Vivaro panel van, Pearson guillotine and press brake, Keetona powered rollers along with several welding sets, metal engineers benches and support equipment.

BPI Asset Advisory director Luke Hartshorn, commented: “The range of conventional engineering and fabrication equipment along with welding sets and power tools will appeal to a range of buyers, from end user to dealers alike. ”

“The facility and equipment within it appear well presented, whilst the equipment looks to have been well maintained throughout its working lift.  We anticipate this sale will be popular within the industry and urge bidders to register their interest as soon as possible and make arrangements to view the assets.”

BPI Asset Advisory is a RICS-regulated team of specialist surveyors delivering accurate valuations, uncompromised disposal advice and RICS standards for instructions including corporate recovery, secured lending, accounts and insurance valuations across the UK.

To view the Northern Fabs (Bradford) Limited auction stock, visit: https://shorturl.at/4LmaL

For further information and to book a viewing, please contact the team on 01924 245040.