# AE Aerospace Ltd (03286967)

> Why UK company 03286967 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/03286967

- **Status:** Administration ended
- **Administration began:** 2021-10-04
- **Administrators:** Richard David Tonks, Gareth Prince
- **Administrators' firm:** Begbies Traynor
- **Formerly:** Teamcrest Holdings Limited; Able Holdings Limited
- **Incorporated:** 1996-12-03
- **Location:** Birmingham
- **Industry:** 30300 Manufacture of air and spacecraft and related machinery

## Why it went into administration

- COVID-19
- Cash flow / liquidity pressure
- Loss of a key customer, supplier or contract
- Sustained trading losses

## From the administrators' statement

The following statement has been provided by Peter Bruch, Director.

"The company started trading on the 3% December 1996 as Able Holdings Ltd. It changed its name to Teamcrest Holdings Ltd on the 27° February 1997 and finally to AE Aerospace Lid on the 9" October 2012.

| have been employed by AE Aerospace since the 15” April 2013 and a shareholder and director since the 31% January 2014, 1am unable to comment on matters prior to this date.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/03286967/filing-history/MzMyMDQ1NTgwNWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/03286967

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