A major UK manufacturing company that has been in business since 1908 has entered administration. GKN Wheels & Structures is a long‑established engineering company recognised as one of the world’s leading manufacturers of off‑highway wheels and a major supplier of structural assemblies for demanding industrial sectors.

Its products are used across agriculture, construction, mining, automotive, and material‑handling industries, where durability and performance are critical. The company has historically operated from its headquarters at Hadley Castle Works in Telford, England, with additional manufacturing sites in the United States and Denmark, and testing facilities in Italy and the USA. However, according to the latest reports, the company has filed notices of intention to appoint administrators for its UK businesses, which operate from a manufacturing facility in Telford, Shropshire.

In October 2020, GKN Wheels & Structures was taken over by the AURELIUS Group, a pan‑European investment firm specialising in acquiring and restructuring industrial companies. The deal was intended to help the business operate as an independent entity, supported by fresh investment and a renewed corporate identity.

Following the acquisition, the company adopted the new name moveero, although the GKN brand remains widely recognised across the sector. The rebrand signalled a strategic push toward greater innovation, stronger global integration, and a more modern manufacturing approach.

David Geraghty, moveero chief executive, said: “The aim of this process is to protect the business and give it the best possible chance of a successful future.

“Importantly, once the administrators have been appointed, the businesses will continue trading, while the process to find a buyer remains ongoing.”

moveero has acknowledged that its UK operations have been under severe financial strain in recent years, hit by a weakened off‑highway market, persistent pricing pressures, and growing competition from lower‑cost manufacturers.

The company now requires substantial additional funding to continue trading through 2026–27 and beyond.

Although the directors have been seeking new investment, they concluded that the business can no longer operate normally without protection from creditor action.

As a result, they have begun the process of placing moveero’s UK entities — moveero Limited and Autostructures UK Limited — into administration, with Interpath expected to be formally appointed as administrators in the coming days.

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