Leicestershire engineering firm set to call in administrators

An engineering firm that can trace its roots back to 1968 looks set to fall into administration.

Automatic Engineers, based in Hinckley, Leicestershire, has posted a notice of appointment to appoint an administrator.

The company makes components and sub-assemblies from a 26,000 sq ft premises in the town. It has historically serviced the aerospace, motor sport and automotive industries.

The company’s latest available accounts, for the period April 1 to December 31 2021, show it had net assets of almost £1.1m. Over the period average employee numbers were 14.

In September 2021, Automatic Engineers was bought by investment firm TGM Partners, whose website was unavailable as we went to press.