Moore Stephens appointed joint administrators of electronics manufacturer

SMT Developments Limited (SMT), a specialist in printed circuit boards and high quality electronics assembly, has entered Administration. Lee Causer and Jeremy Willmont were appointed joint administrators of the Warwickshire based company on 4 May 2018.

The family run business occupies a high tech facility on Heathcote Industrial Estate and employs over 30 staff. The company designs, manufactures and assembles microelectronic printed circuit boards for a wide range of sectors including robotics, environmental monitoring, banking and the automotive industry.

Lee Causer, Partner and Joint Administrator of SMT comments: “SMT is a highly innovative business and given its reputation in the marketplace, we expect strong interest from potential purchasers in order to conclude a sale of the business as a going concern.”

 

Leave a comment

 Security code