£5.25m BGF rescue package couldn’t stop engineering supplier’s collapse

BGF pumped £5.25m into United Tooling Solutions in its final months, but rescue funding wasn't enough to save 75 jobs

New details of the collapse of United Tooling Solutions (UTS) have emerged, showing the scale of last-ditch funding poured into the business by backer BGF in the months before it fell into administration.

The Blaby-based engineering and industrial supplies group, along with sister company Grahams Machinery Sales (GMS), appointed Kristopher Aspin, Samuel Woodward and Luc... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...