Adrian J Cotterill, Editor-in-Chief
If Belgian entrepreneur Sebastian Clement had spent as much time in Andorra on ARCH LED (Llum Creativa) these past 12-18 months, rather than his property portfolio, maybe his LED screen and lighting manufacturing business might not have just been declared insolvent.
The company actually has a long history. It was founded back in 2003, initially serving the entertainment and architectural lighting markets but went onto manufacture products in Belgium, Andorra and Dubai.
Its dubious claim to fame was that “ARCH is one of the only European manufacturers of LED products, to carry out the entire process in-house”, which is probably of little value when competing with the might of China.
Lourdes Alonso Martínez has been appointed as administrator by the court in Andorra. Creditors have less than 30 days to make contact.
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