# Stellar Statics Limited (05027255)

> Why UK company 05027255 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05027255

- **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- Funding withdrawn / unable to refinance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

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05027255/filing-history/MzA2MTcyNjg2MGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05027255

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.