UK administrations update: April 17 – 23

Since our last update, the following businesses have been confirmed as having fallen into administration. All dates indicate when the administration was posted by the Gazette and not necessarily the dates on which administrators were appointed.

Aluminium Windows Limited – April 17
Aluminium Windows Limited, a Southampton-based supplier of aluminium doors and windows to homeowners and tradespeople, fell into administration this month, appointing Gregory Palfrey and Nigel Fox of Evelyn Partners as joint administrators.

In the company’s last available accounts at Companies House, for the year ending December 31 2022, its fixed assets were valued at close to £347,000 and current assets at £1.75 million. However, at the time, its net liabilities amounted to £1.16 million.

Richards Cars Limited – April 17
Richards Cars Limited, a seller of used cars based in Maldon, Essex, fell into administration earlier this month, with Lee De’ath and Tom Gardiner of Begbies Traynor’s Colchester office appointed as joint administrators.

In the company’s accounts for the year ending May 31 2022, its total assets were valued at around £1.4 million. However, the company owed creditors in excess of £1.2 million at the time, with its net assets amounting to £142,085.

Lanes Recovery Limited – April 19
Lanes Recovery Limited, a vehicle recovery, emergency support and repair provider based in Abergavenny, fell into administration last week after being issued with a winding-up petition earlier this month. Andrew Watling and Carl Jackson of Quantuma Advisory were appointed as joint administrators.

In the company’s accounts for the year to July 31 2023, its fixed assets were valued at slightly over £1 million and current assets at £476,642. However, the company owed more than £2.5 million to creditors at the time, with its net liabilities standing at over £1 million.

Hoddesdon Distribution Limited – April 19
Hoddesdon Distribution Limited, a haulage firm based in Harlow, fell into administration last week, with Benjamin Wiles and Philip Dakin of Kroll Advisory appointed as joint administrators.

The company, which described itself as “leading experts” in pallet distribution, ran more than 20 trucks from its Harlow operating centre and also offered storage services at its 45,000 sq ft warehouse.

In accounts for the year to October 21 2022, the firm’s fixed assets were valued at just over £436,000, with current assets valued at £4.74 million. At the time, its net assets were valued at £2.7 million.

Find out more about rising insolvencies in the haulage industry

Green Create W2V Kent Limited – April 19
Green Create W2V Kent Limited, a waste-to-value plant in Kent that produced methane-rich biogas through the biological conversion of poultry manure, fell into administration earlier this month, appointing Geoffrey Rowley and Philip Armstrong of FRP Advisory as joint administrators.

In the company’s reports for the year to June 30 2022, it reported revenue of £521,370 and fell to an operating loss of more than £2 million, compared to a £182,367 loss a year earlier. At the time, the company’s total equity stood at £24.8 million.

Lowton Motor Company Limited – April 22
Lowton Motor Company Limited, a used car sales firm based in Warrington, fell into administration last week, appointing James Fish and Craig Johns of Cowgills Limited as joint administrators.

In the company’s accounts for the year to April 30 2023, its total assets were valued at more than £10 million, but the firm owed creditors around £8.5 million, with net assets amounting to £1.63 million.

Love Nursing Limited – April 22
Love Nursing Limited, a bespoke care agency based in Liverpool, fell into administration last week, with John Fisher of Parkin S Booth appointed as the company’s administrator.

In the company’s accounts for the year ending February 27 2023, its total assets were valued at around £655,000, but creditors were owed close to £968,000 at the time, with total liabilities amounting to £312,810.

Cellarhead Brewing Company Limited – April 23
Cellarhead Brewing Company Limited, a beer manufacturer based in Kent, fell into administration and ceased trading last week, with Greg Palfrey and Chris Marsden of Evelyn Partners appointed as joint administrators.

The owners said that they had initially sought to find a buyer for the brewery, taproom and bottle shop, which is located close to the village of Filmwell near the Kent and East Sussex border. However, despite “plenty of interest”, the owners said that no deal had been agreed, leading to the business ceasing trading.

A statement from the owners reflected many of the headwinds facing UK craft breweries, reading: “The past two years have been more than an uphill struggle due to the financial climate, huge increases in production costs and a stressed market which have all lead to the business being unviable.”

In the company’s accounts for the year to December 31 2022, its fixed assets were valued at £305,634 and current assets at £124,432. At the time, the company owed around £235,000 to creditors, with its net assets standing at £133,441.

Insolvencies in the UK brewing sector soared more than 80 per cent last year, as the industry continues to suffer from rising prices and an oversaturated market


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