Sinclair Vehicles poor reception given to the C5 by the press and public meant that these models would never reach production. In August 1985, Hoover, the manufacturer of the C5, announced that production would be stopped due to a financial dispute with Sinclair Vehicles. The following month, Sinclair Vehicles were renamed as TPD Ltd. On 15 October 1985, it was announced that TPD were in receivership and the company entered voluntary liquidation on 4 November 1985. Sinclair Vehicles Sinclair Vehicles Ltd was a company formed in March 1983 by Sir Clive Sinclair as a focus for his work in the field of
Sinclair Radionics Radionics for £650,000, and in October the National Research and Development Council agreed to provide £1 million for a revived portable TV project, which was finally launched in January 1977 as the Microvision TV1A and MON1A at £99.95. Supply exceeded demand, and 12,000 units were left unsold until they were sold off cheaply. This resulted in a £480,000 loss for Sinclair. Sir Clive Sinclair was certain that the TV1B model released in 1978 would be more successful, but sales were disappointing. In July 1977, the NEB increased its stake in Radionics to 73%. By June 1978 Sinclair Radionics was working