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O&H Vehicle Conversions of Goole is seeking a rescue deal
However, Mark Brickhill, managing director of Goole-based O&H Vehicle Conversions, (OHVC) stresses the firm still operates, and he and his leadership team did all they could to avoid such a move.
The company has been making such vehicles, mostly ambulances, since 1988.
Mr Brickhill continued: “In 2025, we delivered a record 227 NHS Emergency Double Crewed Ambulances (DCAs), up from 186 in 2024, whilst also growing and diversifying the business with a £19 million turnover.
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“We are working with licensed Insolvency Practitioners to explore all available options in the circumstances. It does not mean the company has ceased trading.”
His focus was on delivering a rescue deal “with discussions currently underway,” he said in a statement.
The company’s day-to-day operations would continue without change and it remained focussed on fulfilling customer obligations.
Mr Brickhill explained OHVC had suffered delays in the delivery of chassis, delaying £2.2million of planned and achievable sales in recent months.
The company switched towards Rapid Response Vehicle (RRV) production for both the Ambulance and Police Services, but delayed production caused by retraining staff and the lower margins such vehicles deliver, did not bridge the financial gap caused by the chassis delay.
Mr Brickhill thanked shareholders for supplying £25million to design and manufacture innovative British products.
But governments have increased budget pressures, lowering industry margins and forcing British vehicle conversion companies into administration.
Yet many such vehicles are being imported and are often more expensive and, he said even fail to meet the same standards UK producers must meet.
Mr Brickhill continued: “It also means that British tax payers’ money is not fuelling our own economy or supporting British manufacturing, supply chains and jobs.
“For every £1 of Government money spent in domestic factories, there is a x2.8 multiplier effect for UK PLC.”
A fundamental change in government procurement was needed and he hoped the company’s filing for administration may prove a catalyst for such a change.
Mr Brickhill added in his statement: “In the meantime, we will continue to work with our professional advisors to achieve the best possible outcome for all our creditors and stakeholders in the circumstances.”