Skytrex Limited (01072692): administration
- Status
- Administration ended
- Administration began
- 2013-07-31
- Incorporated
- 1972-09-20
- Location
- Castle Donington
- Industry
- 25990 Manufacture of other fabricated metal products n.e.c.
Why it went into administration
- Creditor pressure / legal action
- Rising interest rates
From the administrators' statement
Skytrex Limited (“Skytrex” or “the Company”) was incorporated on 20 September 1972
Skytrex operated on an informal basis from leasehold premises at Unit 1, Charnwood Business Park, North Road, Loughborough, Leicestershire, LE11 1LE, owned by John Hammond, and employed approximately 10 staff
The Company designed, manufactured and sold a wide range of model ships, vehicles or model railway related items. It is a long established business which has invested very substantial sums in developing these products, but where sales levels unfortunately have been comparatively low.
Administrators' statement of proposals (2013-09-24) · Companies House register