Foundational Fabricator Faces Fiscal Fracture

Thomas Storey Fabrications Group Limited, a venerable steel manufacturer based in Openshaw, Manchester, faced a critical financial impasse due to shifting market dynamics. Known historically as the original manufacturer of the iconic Bailey bridge system used by Allied forces in World War II, the company has remained a stalwart of British engineering for nearly a century. However, recent market contractions, customer withdrawals from the UK, supply chain bottlenecks & rising overheads placed immense pressure on the business.

Resilient Recourse Through Restructuring Remedy

On 5 June 2025, Chris Ratten & Gareth Harris of RSM UK Restructuring Advisory LLP were appointed Joint Administrators to manage the distressed firm. In a strategically time-sensitive operation, the administrators orchestrated a pre-pack sale of the company’s trading business & assets. The buyer, Thomas Storey Fabrication Limited, forms part of the TAL Engineering Group, thereby ensuring a seamless transition & preservation of the firm’s legacy.

Tactical Takeover by TAL Transforms Trajectory

The TAL Engineering Group, backed by Baaj Capital, has stepped in as the new custodian of the firm. Dave Brindle of TAL Engineering emphasized their vision to preserve, develop & expand high-calibre UK engineering companies. By acquiring Thomas Storey, the Group not only safeguarded critical industrial capabilities but also reaffirmed its acquisition strategy centered on revitalizing domestic manufacturing.

Salvaged Staff Structure Sparks Sector Stability

One of the most commendable outcomes of the sale was the preservation of all 110+ employees. This not only secured livelihoods but also retained a pool of highly skilled labour integral to the company's continued success. The staff’s extensive expertise, cultivated over decades, is invaluable to both TAL Group & the broader steel fabrication ecosystem in the North West.

Historic Heritage Harnessed for Hybrid Horizons

Thomas Storey’s enduring legacy as an innovator in steel engineering, from military logistics to modern-day agriculture & infrastructure, continues under its new ownership. Its robust clientele includes blue-chip players across sectors like construction, truck manufacturing, waste management & agriculture. The brand’s adaptability & engineering precision remain vital to future-facing industrial strategies.

Pre-Pack Process Proffers Prompt Protection Plan

Pre-pack administration, a method often used for business rescue, allowed this transition to be executed swiftly, protecting both operational capabilities & intellectual assets. RSM UK’s role in managing this delicate process ensured minimal disruption to customers, staff & suppliers. The marketing process preceding the sale was conducted thoroughly to attract suitable buyers & preserve the company’s future.

Strategic Synergy Strengthens Stakeholder Support

Chris Ratten, RSM UK Partner & Joint Administrator, acknowledged the collective effort of management, staff & stakeholders during this volatile phase. Their cooperation facilitated the protection of vital regional manufacturing assets. He noted that while external market pressures were unavoidable, the team’s endurance enabled a resilient exit strategy for the firm.

Manchester Manufacturer Maintains Market Momentum

The transition not only revives Thomas Storey’s financial stability but also enhances TAL Engineering’s portfolio. With a renewed structure & investor backing, the company is well positioned to scale operations, innovate product offerings & contribute robustly to the UK’s manufacturing landscape. This landmark transaction reinforces Manchester’s significance as a northern hub for industrial excellence.

Key Takeaways

• RSM UK facilitated a pre-pack administration sale of Thomas Storey Fabrications to TAL Engineering Group, ensuring business continuity.

• Over 110 jobs were saved, securing skilled labour & manufacturing strength in the North West.

• The company’s historic legacy & blue-chip client base remain intact under its new ownership structure.