Stafford Rubber Co goes into administration

ERJ staff report (DS)

Stafford, UK -- Stafford Rubber Co., based in Cannock, Staffordshire, has gone into administration in the wake of falling orders. Ian Gould and Brian Hamblin, corporate recovery partners at the Birmingham office of PKF Accountants have been appointed administrators. Sixty of the 80-strong workforce have been made redundant.

The company makes mouldings for the automotive sector in Neoprene, EPDM and polyurethane as well as some plastics. The company makes some gap sealing products as well as gaskets for lamps and mirrors

Gould said Stafford Rubber's troubles followed a fall-off in orders and were directly related to the car industry's current troubles. “There has been a significant decline in volumes,” he said. He said the future of the business largely depended on discussions with major customers, including Jaguar Land Rover.

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Contact details of the administrator

Website of Stafford Rubber