UK car company ‘plunges into administration’ – | Tech News
A UK car firm that labored with prime manufacturers resembling Aston Martin, Bentley and McLaren has reportedly fallen into administration in a shock blow. HPL Prototypes Limited is a design and engineering company that specialises within the manufacture of idea automobiles and prototypes.
The company works in “state-of-the-art studios”, with HPL itemizing prime producers amongst their earlier purchasers. According to the firm, main car firms resembling Aston Martin, Bentley, Jaguar, Land Rover, Lotus and McLaren have been amongst clients. Although underneath totally different possession on the time, the well-known McLaren F1 sportscar was constructed in the identical complicated.
According to the London Gazette, HPL Prototypes Limited appointed directors on Tuesday, March 3. However, the information was solely shared within the Gazette on Friday morning. According to LinkedIn, the model has anyplace between 51 to 200 staff, however no particulars on any job cuts have been revealed at this stage.
However, HPL has beforehand said that their employees are “highly skilled engineers and craftspeople” with “unparalleled” collective expertise within the motoring industry.
The model claims to be adept at “delivering a wide variety of programs from pre-concept phase through to completion”. HPL mentioned they will additionally provide some low-volume bespoke element systems via their manufacturing capabilities.
The business web site at Windmill Industrial Estate, Birmingham Road, Allesley, Coventry, has a particular place in motoring heritage. The complicated was the centre for the Triumph Le Mans group during the 1950’s, earlier than turning into home to the model’s prototyping division from 1960 to 1980.
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After this, MGA developments manufactured iconic automobiles on the web site, together with the gorgeous McLaren’s F1 idea car. Lotus Prototype Cars additionally put collectively the model’s M250 on the web site during the 1990’s earlier than HPL took possession of the complicated in 2000.
Since then, HPL has labored on a vary of equally thrilling tasks, and was concerned within the creation of the Rolls-Royce Dawn Tonneau and Avant Solo fashions.
Away from motoring, HPL was additionally concerned within the creation of the Smithford fountain centrepiece constructed to have a good time Coventry’s City of Culture standing in 2021.
Express.co.uk has contacted HPL Prototypes Limited for additional remark.
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