Simtek EMS Limited (04640681): administration
- Status
- Administration ended
- Administration began
- 2024-03-19
- Administrators
- Howard Smith, Richard John Harrison
- Administrators' firm
- Interpath Advisory
- Formerly
- Moreton Consulting Limited
- Incorporated
- 2003-01-17
- Location
- Manchester
- Industry
- 26110 Manufacture of electronic components
Why it went into administration
- Creditor pressure / legal action
From the administrators' statement
Simtek (the ‘Company’) was incorporated on 17 January 2003 and manufactures electronic products for a broad range of industries, including medical, marine and automotive as well as the production of battery power packs for a variety of industries and market sectors.
Per Management accounts for the year ended 31 December 2023, the Company recorded turnover of £8.5 million and an operating profit of £0.8 million.
The Company traded from a leasehold property at Unit 5 Ocivan Way, Margate, Kent, CT9 4NN (the ‘Property’).
Administrators' statement of proposals (2024-04-10) · Companies House register