Nova Group Products Limited (02215444): administration
- Status
- Administration ended
- Administration began
- 2023-05-02
- Administrators
- Timothy Bateson, Howard Smith
- Administrators' firm
- Interpath Advisory
- Formerly
- Fabriweld Tubular Steel Products Limited
- Incorporated
- 1988-01-29
- Location
- Nottingham
- Industry
- 32990 Other manufacturing n.e.c.
Why it went into administration
- Creditor pressure / legal action
- Loss of a key customer, supplier or contract
- Cash flow / liquidity pressure
- Sustained trading losses
- Competition / price pressure
From the administrators' statement
The Company was incorporated in January 1988 and manufactured and processed Aluminium and Steel products, primarily focussed on home speaker accessories and casings for commercial EV charge points.
The Company traded from leasehold premises in Nottingham and had 25 employees. It traded for 35 years with Comhar Capital acquiring the business from its original founders in August 2019.
The Company has three statutory directors, Graham Hannath, David Ritchie and Craig Wilkinson.
Administrators' statement of proposals (2023-05-22) · Companies House register