The company is leading the development of a new range of vehicles[4] and products for the Caterham brand as well as providing engineering services to customers across the automotive,[5][6] motorsport, aerospace and marine industries.

Housing the companies new design office and workshops, the Hingham facility also continues to be a centre of excellence for composite component production and inspection - for both internal and external projects.

The company’s chief executive Graham MacDonald is said to have taken the decision to shut down its engineering and technology arm near Wymondham because it was no longer financially viable.

From the central-European base in Cologne, Caterham Composites have put together a team with a cross-section of nationalities, experiences and interests.

Their best known model, the Caterham 7 (or Seven), is a direct evolution of the Series 3 Lotus Seven designed by Colin Chapman and originally launched in 1973.

In June 2012, Ansar Ali announced he was to leave Caterham Cars and Graham Mcdonald (the company's former CFO) became the new CEO.

Advised by Colin Kolles, under the terms of the sale the team continued to race as Caterham F1 and remained based at Leafield.