Powertrain Warwick Ltd (08450246): administration
- Status
- Administration ended
- Administration began
- 2025-09-03
- Administrators' firm
- Begbies Traynor
- Formerly
- Hofer Powertrain UK Limited
- Incorporated
- 2013-03-19
- Location
- London
- Industry
- 71129 Other engineering activities
Why it went into administration
- Loss of a key customer, supplier or contract
- Creditor pressure / legal action
- Cash flow / liquidity pressure
From the administrators' statement
The information below has been prepared from information provided by the directors and information contained within the Company accounts and information available at Companies House. The Joint Administrators will carry out their own investigations to verify the reasons provided by the directors for the Company’s insolvency.
The Company was incorporated on 19 March 2023, founded by Mr William Hartley, Mr Martin Maier and Mr Franz Voit under the name Hofer Powertrain UK Limited.
The Company was in the business of battery cell testing, mechanical testing and engineering consulting services and operated from its leasehold premises in Warwick. The business historically developed complex powertrain solutions for marine, defence, automotive and aerospace sectors for e-drive and hybrid systems but more recently underwent a major restructure to pivot its operations. Its key specialisms subsequently included spin and rig testing and swell testing of electric battery vehicles.
Administrators' statement of proposals (2025-09-25) · Companies House register