Administrators have been appointed to five entities of the Fablink Group: Wharfside Industrial Ltd, Fablink (Evenwood) Ltd, Fablink (Luton) Ltd, Fablink (Northampton) Ltd and Fablink (Wolverhampton) Ltd.
The group, employing 427 people, specialises in the manufacture of metal pressings, fuel and hydraulic tanks, operator cab assemblies and other complex structures.
It was acquired out of administration in September 2024, but since then it has lost the business of certain key customers.
The group’s management team has worked to find a viable solution to rescue the business, however, the significant loss of business has severely impacted the group’s future viability. As a result, the directors have determined that they have no option other than to place the group into administration.
On 7 January 2025, Dan Hurd and Lucy Winterborne of EY were appointed as joint administrators.
Given the lack of ongoing business, the majority of employees have been made redundant whilst the joint administrators continue to explore a sale of certain parts of the group and its assets. All employees impacted are being offered support and advice.