A UK-based classic car manufacturer has collapsed into administration following "significant trading challenges", leaving the majority of its employees redundant. Hedley Studios, based in Bicester, Oxfordshire, appointed administrators from Interpath on March 4, seven years after it was founded as The Little Car Company. The firm, which specialises in miniaturised electric versions of classic cars, recreated iconic models including Ferraris, Aston Martons, Bentleys and Bugattis.
It entered a pre-pack administration process in August 2025, but continued to experience "significant trading challenges" over the following months. Hedley Studios' directors concluded that administration was the only option after exploring refinancing and investing alternatives, with the move leaving the majority of its employees out of work.
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Joint administrator Chris Pole said: "With their stunning electric reinterpretations of iconic vintage cars, Hedley Studios was at the forefront of British artistry and craftmanship.
"It's an enormous shame that the company has been forced to close its doors, not least for its talented team.
"We will shortly commence a process to explore options for the business and its assets and would invite any parties interested in acquiring these assets to come forward as soon as possible."
The firm was founded by Ben Hedley in 2018 after he was approached by Bugatti to create a smaller-scale version of its 1920s Type 35 racing car to mark its 110th anniversary.
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Its vehicles are typically around three-quarters the size of the original models and cost upwards of £75,000.
Hedley Studios was previously rescued from administration by the US-based Island Capital Group last August in a pre-pack deal overseen by FRP Advisory.
Mr Hedley said at the time that the move would usher in "the next phase" of the firm's growth, including "accelerated expansion" and outreach to "new global audiences".
The Express has approached Hedley Studios for comment.