Kaiam UK Limited (SC444524): administration
- Status
- Administration ended
- Administration began
- 2018-12-21
- Administrators' firm
- KPMG
- Formerly
- Starlaw Investment Co Ltd; Ensco 397 Limited
- Incorporated
- 2013-03-07
- Location
- Glasgow
- Industry
- 82990 Other business support service activities n.e.c.
Why it went into administration
- Competition / price pressure
- Property / lease costs
- Cash flow / liquidity pressure
- Sustained trading losses
- Parent or group failure
From the administrators' statement
KUL was incorporated on 7 March 2013 and is a 100% subsidiary of KEL with its only asset being the property at Starlaw Park, Starlaw Road, Livingston, EH54 8SF (“the Property”), where KEL operates.
Established in 1998, KEL is a market-leading manufacturer of parts used for high speed data transfer in data centres. KEL is based in Livingston, West Lothian, and operates from stateof-the-art manufacturing premises, which are owned by, KUL. KEL is a subsidiary of Kaiam
Corporation, a US-based organisation, founded by Bardia Pezeshki in early 2009 to develop optical transceivers for use within the optical networking industry.
Administrators' statement of proposals (2019-02-21) · Companies House register