Stellar Statics Limited (05027255): administration
- Status
- Administration ended
- Administration began
- 2012-06-06
- Incorporated
- 2004-01-27
- Location
- Driffield
- Industry
- 32990 Other manufacturing n.e.c.
Why it went into administration
- Funding withdrawn / unable to refinance
- Property / lease costs
- Loss of a key customer, supplier or contract
- Bad debts / customer insolvency
- Competition / price pressure
From the administrators' statement
Stellar Statics Limited 1s a family run business which designs and manufactures mobile homes / caravans for the UK and the Continent.
The business had steadily been built up over the years from producing one caravan a week with three employees to a £6mullion turnover at the peak of trading in March 2012
The company manufactured for the domestic and export markets Approximately 90% of the manufactured caravans were exported
Administrators' statement of proposals (2012-08-01) · Companies House register