4×4 renovation firm enters administration
A company which converts 4×4 vehicles for use in other industries has entered administration.
Paranoid Industries, of Alcester, has appointed Poppleton & Appleby to look after the day-to-day running of the company.
Paranoid Industries specialises in 4×4 services and development, from bespoke overland and expedition preparation, existing vehicle conversions and specific vehicle re-engineering, on-off engineering to meet civilian, industry and utility requirements to dedicated storage systems and the design, manufacture and installation of create-to-order in-vehicle electronic systems.
The firm’s online presence has been deleted with its Facebook and Instagram pages no longer existing.
In its latest accounts, made up to May 31 2019, Paranoid Industries had made a profit of just over £100,000 for the year.
The company operated from two units on Waterloo Park in Alcester.