Evtec Superlight Limited (15510140): administration
- Status
- Administration ended
- Administration began
- 2025-10-07
- Administrators
- Christopher Robert Pole, Ryan Kevin Grant
- Administrators' firm
- Interpath Advisory
- Formerly
- Evtec FAB Limited; Evtec Superlight Performance Ltd
- Incorporated
- 2024-02-21
- Location
- Birmingham
- Industry
- 96090 Other service activities n.e.c.
Why it went into administration
- Cash flow / liquidity pressure
- HMRC / tax arrears
- Creditor pressure / legal action
- Sustained trading losses
From the administrators' statement
The business was originally founded in November 1972 under the name Retrac Production Limited, later renamed Retrac Group Limited (“Retrac”). It specialised in the design, manufacture, and engineering of solutions using advanced composites, metals, and other materials. Based in Swindon, UK, Retrac supplied products and services to the automotive, aerospace, Formula One, and motorsport sectors.
Insolvency practitioners at Alvarez and Marsal Europe LLP were appointed administrators to Retrac on 25 September 2024. Subsequently, on 24 October 2024, Evtec Fab Limited, later renamed to Evtec Superlight Limited (the “Company”), acquired the business and certain assets of Retrac via a pre-packaged sale for a total consideration of approximately £0.6m. As part of the transaction, all employees were transferred to the Company.
To facilitate continued operations, the Company entered into a licence to occupy (“LTO”) agreement with the administrators of Retrac, allowing it to operate from existing leasehold premises in Swindon. The most recent extension of the LTO was agreed and paid in full by the Company until 23 October 2025.
Administrators' statement of proposals (2025-11-18) · Companies House register