Rowan-Telmac Limited (02166825): administration
- Status
- Administration ended
- Administration began
- 2018-10-26
- Administrators
- Conrad Alan Beighton, Stuart Robb
- Administrators' firm
- Leonard Curtis
- Incorporated
- 1987-09-17
- Location
- Birmingham
- Industry
- 25620 Machining
Why it went into administration
- HMRC / tax arrears
- Creditor pressure / legal action
- Competition / price pressure
- Cash flow / liquidity pressure
From the administrators' statement
The Company was incorporated in 1987, as a manufacturer of high quality pressed steel engineering parts and tubular welded fabrications for use in the manufacture of electric wheelchairs and scooters.
Over the years, the Company expanded and diversified its business, resulting in the development of a tubular steel frame for bus seats in 1997, followed by a trim shop in 1999. The Company became one of the few companies in the UK that could manufacture all parts of a seat for customers, ensuring that quality control was maintained in house, leading to it becoming a trusted supplier to its customers. Whilst the provision of seats for buses and trains was at its core, it also diversified into bespoke furniture, including restaurant fit outs.
Prior to the Joint Administrators’ appointment, the Company traded from a purpose built factory on a 1.5 acre site at the centre of the Hortonwood Industrial Estate in Telford. The Company also has a bus refurbishment division, based in leasehold premises in Coventry, which, as well as upholstery improvements, benefitted from a paint booth, enabling entire colour schemes to be changed.
Administrators' statement of proposals (2018-12-14) · Companies House register