King Automotive Systems Limited (00966412): administration
- Status
- Administration ended
- Administration began
- 2017-07-20
- Administrators' firm
- PwC
- Formerly
- Camford Automotive Systems Limited; GEO. W. King (Stevenage) Limited; King (T.I.) Limited
- Incorporated
- 1969-11-18
- Location
- Leeds
- Industry
- 25620 Machining
Why it went into administration
- Loss of a key customer, supplier or contract
From the administrators' statement
Background and circumstances giving rise to the administration KAS and AACWL were both involved in the automotive industry, with principal customers being Ford and JLR.
KAS operated from leasehold premises in Chelmarsh, Coventry and machined automotive engine parts. It received certain parts from AACWL in order to satisfy product requirements.
AACL operated from leasehold premises in Witham and Kidderminster. The business was involved in the provision of high-pressure aluminium die casting and associated machining. Both facilities contain a foundry and machining equipment. The facility in Kidderminster opened in 2015 and is not yet fully utilised. It was developed with a view to satisfying the growth in customer demand.
Administrators' statement of proposals (2017-08-29) · Companies House register