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Saietta Group PLC
210 Heyford Park
Camp Road, Upper Heyford
Phone: +44 1869233121p:+44 1869233121 BICESTER, OX25 5HE  United Kingdom Ticker: SEDSED

Placed into Administration on 3/4/2024
On 3/4/2024, Saietta Group PLC was placed into Administration in the High Court of Justice Business and Property Courts of England and Wales.
Lucy Winterborne and Daniel Christopher Hurd of Ernst & Young LLP were appointed as the Administrators.

Business Summary
Saietta Group Plc is a United Kingdom-based company, which is engaged in the multi-national business that designs, engineers and manufactures complete electric drivetrain (eDrive) systems for electric vehicles. The Company's technologies include Axial Flux Technology (AFT) and Radial Flux Technology (RFT) motors, power electronics, powertrain controls, mechanical axles, transmissions and vehicle control units. The Company's solutions can be tailored to a specific application. Its products have applications in Light Duty eDrives (two wheels), Light Duty eDrives (three and four wheel), Heavy Duty eDrives and Marine. Its products include eMotor, Integrated Motor and Inverter, eDrive Radial Flux, eDrive Axial Flux, eAxle, and Vehicle Control Unit (VCU). It is developing a RFT motor to complement its Axial Flux products and offer a wider power, torque and product range to customers. Its Light Duty eDrives (two wheels) products include RFT85-65 48V, AFT140i 48V and AFT140i 96V.

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
9/30/20233/31/2023Yes----

Industries
SIC Code Description
3621 Motors and generators
3711 Motor vehicles and passenger car bodies
3715 Truck trailers

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Non-Executive Chairman of the Board Anthony D.Gott 3/1/2024 7/7/2021
Chief Executive Officer David J.Woolley 61 10/2/2023 10/2/2023
Executive Deputy Chairman, Interim Chief Financial Officer DavidWilkinson 66 10/19/2023 7/7/2021
4 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
e-Traction Europe B.V. Watermanstraat 40 Apeldoorn Netherlands
Saietta Sunderland Plant Limited c/o Ernst & Young LLP, The Paragon Counterslip Bristol United Kingdom

Business Names
Business Name
e-Traction Europe B.V.
Saietta Group PLC
Saietta Sunderland Plant Limited
SED

General Information
Number of Employees: 189 (As of 3/31/2023)
Outstanding Shares: 145,260,370 (As of 12/19/2023)
Stock Exchange: LON


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Thursday, March 28, 2024