Buckinghamshire based KTwo has called in the administrators having fallen into financial difficulties. It is understood that the muck spreader and trailer maker is looking to resolve the situation and return to business. One person associated with the company pointed out that there is a strong order book, but first they need to overcome the financial circumstance and that they were hopeful that the business could be saved long term.
We are still trying to get hold of the administrator for a more official comment but as for now the phone line for KTwo is still being answered.
KTwo was founded in 1988 with the Field Scythe drum mower and started making muck spreaders in 1992. More recently in 2019, KTwo bought Warwick Trailers along with the factory which at the time was viewed as a way of meeting increased demand.
