Kanwal UK Industries Ltd (15772219): administration
- Status
- In administration
- Administration began
- 2025-03-28
- Administrators
- Alex David Cadwallader, Neil A Bennett
- Administrators' firm
- Leonard Curtis
- Incorporated
- 2024-06-11
- Location
- London
- Industry
- 22190 Manufacture of other rubber products
Why it went into administration
- Loss of a key customer, supplier or contract
- Sustained trading losses
- Property / lease costs
- Competition / price pressure
- Weather / natural events
From the administrators' statement
The Company was incorporated on 11 June 2024, in order to acquire the business and assets of KUKR (formerly known as Kanwal UK Corporation Limited) via a pre-packaged sale immediately following the appointment of Administrators over KUKR. The sale was connected by way of similar ownership and directorship.
The sole director and shareholder of the Company is Sutinderpaul Kanwal. The Company operated from two properties occupied under licences to occupy granted by the Joint Administrators of KUKR, relating to leases held by KUKR. This first property is Portland House, Mayer Way, Dunstable, Houghton Regis, LU5 5BF and the second property is Unit 7, Portland Close, Townsend Industrial Estate, Houghton Regis, LU5 5AW.
The Company undertook two key revenue streams, the design and production of automotive seals and tooling for high end motor vehicles and products for the heavy truck sector. The revenue streams were operated from the first and second properties, respectively.
Administrators' statement of proposals (2025-05-06) · Companies House register