Any news about SAFETY DEVICES?

Sorry to post off topic :(

But hello peter ive not spoke to you for a while so i thaught i would say hello

snipped-for-privacy@orange.net

Sorry for the name mistake peter = Pantelis :(

i was reading something whlie typing lol

I'd heard they'd gone into administration - this is different than going into receivership; it means that an administrator is appointed on behalf of creditors to run the company and either trade them out of a debt / cashflow problem, or sell off the assets. It doesn't necessarily mean they're going out of business, although that's one possibility.

However, this is all rumour and I've not heard anything "official".

David

David Hi,

this is far better than what I heard and it makes me feel less sorry. It is always a shame and very sad to hear that such well known companies so closely related to Land Rover and its vehicles have problems.

Lets hope that the admistrators will be able to pull the company out of trouble, if of course the rumours are true.

Anyone knows what will happen with the Safety Devices weekend?

Take care Pantelis

I've now heard, also through the rumour mill, that they have now been declared in receivership - this means they have gone out of business, after all. Somebody could still buy the company up and carry on trading though; the brand must be worth something.

David

This may be what we did not wish to see:

However it may not be 'our' firm. I don't have enough information to make a positive connection.

Nothing on the Safety Devices web site, and they are based in Soham, Cambs, although they might have an office address in Cheltenham?