# Stylex Auto Products Limited (01378507)

> Why UK company 01378507 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/01378507

- **Status:** Administration ended
- **Administration began:** 2020-06-12
- **Administrators' firm:** FRP Advisory
- **Incorporated:** 1978-07-13
- **Location:** Manchester
- **Industry:** 29320 Manufacture of other parts and accessories for motor vehicles

## Why it went into administration

- Loss of a key customer, supplier or contract
- Cash flow / liquidity pressure
- COVID-19
- Competition / price pressure
- Weak consumer demand
- Sustained trading losses
- Brexit

## From the administrators' statement

The Company was incorporated on 13 July 1978 and was a highly regarded specialist designer and manufacturer of seating and trim solutions for the automotive and leisure sectors.

The Company operated from two leasehold premises in Foxhills Industrial Estate, Scunthorpe, North Lincolnshire and on the date of appointment employed 81 members of staff.

Key customers included a number of major European automotive manufacturers both directly and indirectly via Tier-1 suppliers.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/01378507/filing-history/MzI3NTYyNTI1NGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/01378507

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.