Trackwise Designs plc - Administration

Trackwise Designs plc, a Tewkesbury-based manufacturer of products using printed circuit technology, entered administration on 2 August 2023. Arvindar Jit Singh and Raj Mittal of FRP Advisory were appointed Joint Administrators after the company was not able to secure a nomination from a Tier 1 for automotive OEM B and a sale process did not result in a sale of or investment in the company. Arrival Elements UK Ltd and various HSBC entities have registered charges against the company.