Tight ship sinks under pressure

Twelve months ago precision engineering firm Pressure Dynamics was proudly showcasing its new premises and looking forward to growth. It's now in receivership.


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There lies the problem .The big companies lead by the mining companies are paying at 60-90 days that means I-We have to pay wages, fuel , H.P. and out goings for 2-3 months before anything comes in for me that around 60,000 dollars and in bad times it a big problem I -We can go bust slower doing nothing then to work.

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82nd↑Deacon Engineers13
83rd-BMT Western Australia12
84th-Pressure Dynamics International12
85th↓McDowall Affleck12
86th↓BCA Consultants WANFP
145 engineers ranked by number of engineers in WA

Assets under management or net assets ($m)

28th-Orion Equities$8.6m
29th-Nero Resource Fund$5.9m
30th-Pressure Dynamics International$4.0m
32nd-Strategic Elements$1.6m
55 fund managers ranked by assets under management or net assets

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