Fieldens (Wheels, Tyres & Atvs) Limited (04516167): administration
- Status
- Administration ended
- Administration began
- 2018-05-03
- Administrators
- Adam Harris, Guy Robert Thomas Hollander
- Administrators' firm
- Mazars
- Formerly
- Newco (ATV, Tyres & Wheels) Limited; Fieldens (ATV, Tyres & Wheels) Limited
- Incorporated
- 2002-08-21
- Location
- London
- Industry
- 28302 Manufacture of agricultural and forestry machinery other than tractors
Why it went into administration
- Cash flow / liquidity pressure
- Rising costs / inflation
From the administrators' statement
The Company was incorporated on 21 August 2002. The Company was primarily an independent specialist tyre and wheel supplier to the agriculture, civil engineering, amenity and quarrying industries. The Company was also an approved, franchise supplier of Honda Power Equipment.
Based on the outskirts of Stowmarket, Suffolk, the Company’s operation initially proved to be profitable and in 2004, it purchased the business of Specialised Wheel Services Limited (“SWS”) which traded from a separate site in Thetford.
4/18 MM MaAzaRsS
Administrators' statement of proposals (2018-07-09) · Companies House register