Family-run company Kimbolton fireworks – the company behind the firework displays for the opening and closing ceremonies at the London 2012 Olympics and Paralympic Games – has ceased trading.
Kimbolton was the only UK manufacturer of display fireworks and has been based in Cambridgeshire since 1964.
It provided displays for events including the handover of Hong Kong, London’s New Year’s Eve celebrations, Trafalgar 200 and the 50th anniversary of VJ Day in London.
All inquiries are being dealt with by insolvency practitioner Begbies Traynor.
Last November, owner Ron Lancaster commented on the state of the firework business, saying: “We used to make fireworks full-time with about 16 people, but because of EU regulations in recent years, we have made less and less fireworks to sell to the general public.”
He continued; “We are hoping that Brexit will put us back to where we were before, with some of the regulation that really did alter our activities after July last year.”