Minerva Industries UK Limited (06783667): administration
- Status
- Administration ended
- Administration began
- 2022-06-13
- Administrators
- Christopher Robert Pole, Ryan Kevin Grant
- Administrators' firm
- Interpath Advisory
- Formerly
- Rmig Automotive Ltd; United Automotive Interiors Ltd; DPE Coatings Limited; Ashway 101 Limited
- Incorporated
- 2009-01-06
- Location
- Birmingham
- Industry
- 25110 Manufacture of metal structures and parts of structures
Why it went into administration
- COVID-19
- Sustained trading losses
From the administrators' statement
Minerva Industries UK Limited (‘the Company’) was formed in the early 1980's as Wolverhampton Pressings. The Company had decades of experience in precision engineering in formed and painted metal components and was a leading supplier of cosmetic components for automotive interiors.
The name Minerva Industries UK was created in December 2019, following the management buy-out of a subsidiary of an internationally owned manufacturer. JFLH Investments subsequently acquired 50% of the shareholding in March 2020, strengthening the expertise and governance of the Company.
The Company operated from leasehold premises in Wolverhampton, with 59 employees at the date of our appointment.
Administrators' statement of proposals (2022-07-26) · Companies House register