Thomas Automation, the Loughborough-based money-handling specialist, has ceased trading this week.
The status of the company remains unclear as this report was put together this morning, but our understanding is that the company is going into liquidation.
Thomas is a substantial producer of money processing equipment for vending, fee collections and ticketing. It has been in business for over 40 years and was started by Jimmy Thomas to produce changer machines for mainly amusement locations. It was sold on many years ago and its directors are currently listed as Mark Edmundson, Alan McCourt and K. M. Lloyd.
The company’s website shows that it has 20,000 pieces of equipment in daily use in 80 countries.
