Solar Technology Limited (13497201): administration
- Status
- Administration ended
- Administration began
- 2025-12-01
- Administrators
- Mark Weekes, Paul Stanley
- Administrators' firm
- Begbies Traynor
- Formerly
- Trailar Property Solutions Limited; Ifev Limited
- Incorporated
- 2021-07-06
- Location
- Manchester
- Industry
- 52290 Other transportation support activities
Why it went into administration
- HMRC / tax arrears
- Cash flow / liquidity pressure
- Sustained trading losses
From the administrators' statement
The company began trading on 1 August 2024 after acquiring the business and assets of Trailar Limited which had specialized in solar-driven vehicle monitoring systems.
Funding was provided by its parent company, DEMS Investments Ltd (DEMS), along with an Invoice Discount Facility and Stocking Loans from independent lender 4Syte Ltd secured by guarantees given by the directors and from DEMS.
As a prior investor in Trailar, DEMS maintained confidence in the product and continued to support the business whilst another DEMS subsidiary, Darlington EMS Limited, supplied goods on credit thus further assisting with funding.
Administrators' statement of proposals (2026-01-30) · Companies House register