Gemini Rail Technology UK Ltd (04316445): administration
- Status
- Administration ended
- Administration began
- 2021-09-30
- Administrators' firm
- FRP Advisory
- Formerly
- Kiepe Electric UK Limited; Vossloh Kiepe UK Limited; Transys Projects Limited; Ever 1665 Limited
- Incorporated
- 2001-11-05
- Location
- Leeds
- Industry
- 71129 Other engineering activities
Why it went into administration
- COVID-19
- Loss of a key customer, supplier or contract
- Sustained trading losses
- Loss-making contracts / project overruns
From the administrators' statement
The Company was incorporated in November 2001 as Ever 1665 Limited. It went through a number of different ownerships and became part of the Knorr Bremse group from 1 February 2017 (its name changed to Kiepe Electric UK Ltd with effect 24 May 2017).
On 1 November 2018, Mutares AG (‘Mutares”), a German based investment group, acquired Kiepe Electric UK Ltd (renamed to Gemini Rail Technology UK Limited) (“the Company” or “GRT”) and Knorr-Bremse Railservices (UK) Limited (renamed to Gemini Rail Services UK Limited) ('GRS”).
GRT is a subsidiary of Gemini Rail Holdings Limited (*“GRH”), itself a subsidiary of Mutares Holding-25 Ag ("MH25”). GRS is a subsidiary of MH25. It trades from Wolverton Works, Stratford Road, Wolverton, Milton Keynes, England, MK12 5NT. Its current directors are Austin Wallace, Kirk Trewin, and Thomas Cullis. There were 11 employees at the date of administration.
Administrators' statement of proposals (2021-10-08) · Companies House register