Maybe they have used the business funds paying rent, rates and utility bills the last two years to try and keep from total closure. I work in live events and know a few companies that have had to do this.
Maybe there have been personal issues that have stopped production, but costs on above have still needed to be paid.
It’s really quite simple, purchase or don’t.
Also it’s probably not one pedal. When companies like this open orders they usually get swamped so extra help is hired in or lead times get pushed even further away.