Aurora Projects (UK) Ltd. (04113428): administration
- Status
- Administration ended
- Administration began
- 2022-09-06
- Administrators
- Jonathan Charles Marston, Robert Andrew Croxen
- Administrators' firm
- Alvarez & Marsal
- Formerly
- Kaoyi Limited
- Incorporated
- 2000-11-23
- Location
- Brighton
- Industry
- 27400 Manufacture of electric lighting equipment
Why it went into administration
- COVID-19
- Supply chain disruption
- Rising costs / inflation
- Competition / price pressure
- Funding withdrawn / unable to refinance
- HMRC / tax arrears
- Sustained trading losses
From the administrators' statement
The Company was incorporated on 23 November 2000 as Kaoyi Limited before it changed its name to Aurora Projects (UK) Ltd. on 27 September 2004.
The Group manufactures, distributes and sells electrical lighting products internationally via two divisions - Trade and Projects. The Group’s supply chain function is operated in Asia via the Asian Entities. This includes in-house manufacture of Aurora products and third-party outsourcing.
The Company sits within the Projects business which sells electrical and lighting products via various business-to-business channels which are specified for commercial use.
Administrators' statement of proposals (2022-10-12) · Companies House register