Cobra UK Automotive Products Division Limited (04447432): administration
- Status
- Administration ended
- Administration began
- 2012-08-23
- Administrators' firm
- BDO
- Formerly
- Cobra UK (Automotive) Products Division Limited
- Incorporated
- 2002-05-24
- Location
- Liverpool
- Industry
- 29320 Manufacture of other parts and accessories for motor vehicles
Why it went into administration
- Cash flow / liquidity pressure
- HMRC / tax arrears
- Funding withdrawn / unable to refinance
- Loss of a key customer, supplier or contract
- Sustained trading losses
- Competition / price pressure
From the administrators' statement
The Company was a manufacturer of both low and high volume, high quality interior trim products to the automotive industry and was incorporated on 24 May 2002.
In addition to several Tier 1 automotive suppliers, the Company also provided products directly to several major motor manufacturers
Prior to our appointment, the Company employed 148 staff, in management, engineering, manufactunng and administrative roles.
Administrators' statement of proposals (2012-10-23) · Companies House register