SDC Manufacturing UK Ltd (06850996): administration
- Status
- Administration ended
- Administration began
- 2022-09-12
- Administrators' firm
- FRP Advisory
- Incorporated
- 2009-03-18
- Location
- Birmingham
- Industry
- 25990 Manufacture of other fabricated metal products n.e.c.
Why it went into administration
- Loss of a key customer, supplier or contract
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- COVID-19
- Rising costs / inflation
- Supply chain disruption
- Sustained trading losses
From the administrators' statement
The Company was incorporated on 18 March 2009 and is a specialist low volume seat manufacturer. The Company is involved in the development and manufacturing of seating systems for a range of sectors including automotive, leisure and healthcare. The majority of its sales are to OEMs and Tier 1 suppliers into the automotive industry.
The prototype development and design of the seats along with all back-office functions, chattel assets and financed equipment are held by an associated company, Seat Design.
The Company trades from leasehold premises at Unit 19, Amber Business Centre, Greenhill Lane, Riddings, Alfreton, Derbyshire, DE55 48R (“the Premises”). The lease is held by Seat Design and it is understood that no formal lease arrangement is in place between Seat Design and the Company.
Administrators' statement of proposals (2022-11-04) · Companies House register