Aartee Bright Bar appointed Administrators

AARTEE BRIGHT BAR APPOINTED ADMINISTRATORS
06/02/2023
This company has filed a NAAA3 application. Companies - Application - Notice of Appointment to appoint an administrator.
This is a serious blow to the manufacturing industry that relied on Aartee, who used to be known as Acenta and before then Macready and Niagara - so many different company names.
Why has this happened?
Is it because the Bank of England decided to up interest rates, and therefore this put Aartee in a position whereby it could no longer honour it's financial commitments?
Is it because of Brexit and the self-imposed steel quota sanctions that our country has put on itself?
Is it because there is no steel coming out of Eastern Europe due to the World Economic Forum-NATO-Russia conflict?
Whatever it is, it's going to impact our industry heavily unless a suitable buyer can be found. Any Tory ministers with a few million quid they've forgotten about willing to help local industry?