Uncertain future for manufacturer following administration application
An established Sheffield manufacturer has applied to appoint administrators.
Microblade Ltd, which is based in Sanderson Street and has been trading since 1975, makes paper converting knives, orbital log saw blades and all types of circular knives.
According to its financial statement for the year ended 31 March 22, the business employed an average of 47 staff in 2022 and owed more than £1.8m to creditors.
The firm’s website says the company has agents and distributors around the world, with a presence in the USA, Australia, Brazil, Israel, South Africa and Europe.
Microblade adds it is the only log saw blade manufacturer in the world with the capability to produce the full range of log saw blades from 18 inch to 40 inch diameter from its factory.
