A UK engineering company that has worked with the likes of Nissan and Land Rover has plunged into administration. Efforts are now underway to find a buyer for JRM Advanced Engineering, an engineering and manufacturing firm in Northamptonshire.

The advanced engineering firm was placed into administration earlier this month, on February 12 2026, with details emerging on February 18. Gary Pettit of PBC Business Recovery and Insolvency has been appointed to oversee the process. The company works across the motorsport, aerospace and marine industries.

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It is currently unknown whether the news could affect staff members and if any redundancies are on the cards.

In its heyday, the business operated as a Tier 1 supplier, securing ongoing contracts with premium automotive and performance brands including Jaguar Land Rover, Arctic Trucks, Subaru and Nissan Nismo.

Operations are currently paused while the administrator reviews the company's financial position and potential recovery routes. Several parties have already expressed interest in acquiring the business.

The administrator aims to secure a sale that would allow trading to restart and help protect jobs, subject to due diligence and agreement on commercial terms.

The company has focused on high-performance chassis development and innovative suspension solutions, alongside building advanced powertrains, including projects involving hydrogen fuel cell technology.

Its engineers have also contributed to the development of an all-new battery-electric sports car.

JRM Advanced Engineering delivered what it described as a "credible engineering package and layout concept" for Caterham's Project V electric vehicle. The work included concepts for both front and rear axles, incorporating lightweight double-wishbone suspension with adjustable toe and camber settings.