UK administrations update: August 13 – 20

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.

Williams Bros Limited – August 13
Williams Bros Limited, a Glossop-headquartered retailer of carpets and rugs, fell into administration in early August, with Manubhai Govindbhai Mistry and Hemal Mistry of Horsfields appointed as joint administrators.

In the company’s balance sheet as of May 31 2023, its fixed assets were valued at slightly over £44,000, with total current assets standing at £228,604 and total net assets amounting to £205,251.

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Arctrend Limited – August 14
Arctrend Limited, trading as Arcflex, is a Staffordshire-based designer and manufacturer of metal hoses, bellows and complete pipe assemblies. The company fell into administration earlier this month, with Loise Williams and Paul Mallatratt of Opus Restructuring appointed as joint administrators.

In the company’s accounts for the year to December 31 2022, its fixed assets stood at £778,078 and current assets at slightly over £3 million, while net assets amounted to just over £1 million.

Pirnmill Limited – August 14
Pirnmill Limited, a County Durham-based mechanical engineering firm and provider of access solutions, fell into administration earlier this month, with Richard Cole and Steve Kenny of KBL Advisory appointed as joint administrators.

In the company’s accounts for the year ending December 31 2022, its fixed assets were valued at £453,565 and current assets, with net assets standing at close to £149,000.

Croome Cuisine Limited – August 14
Croome Cuisine Limited, an artisan cheesemaker based in Worcestershire, fell into administration last week, with Mark Bowen of MB Insolvency appointed as the company’s administrator.

In its accounts for the year ending March 31 2023, the company’s fixed assets were valued at slightly under £603,000 and current assets at close to £186,000, while net assets amounted to £269,565.

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A E Chilled Limited – August 14
A E Chilled Limited, a Dover-based provider of refrigerated road freight transport, fell into administration last week, appointing Jeremy Karr and Simon Killick of Begbies Traynor as joint administrators.

In the company’s accounts for the year ending September 30 2022, its fixed assets were valued at nearly £2.3 million and current assets at £1.4 million. However, debts meant that its net assets were valued at just over £332,029.

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Altec Engineering Limited – August 15
Altec Engineering Limited, an automation and engineering business based in Durham, fell into administration earlier this month, with Allan Kelly and Antonya Allison of FRP Advisory appointed as joint administrators.

In its accounts for the year to September 30 2023, the company’s fixed assets were valued at close to £220,000 and current assets at over £1.3 million. However, its net liabilities at the time amounted to £1.5 million.

Club Mexicana Limited – August 15
Club Mexicana Limited, a vegan Mexican-inspired street food restaurant chain with locations in Central London, fell into administration earlier this month, with Nicholas Simmonds and Chris Newell of Quantuma Advisory appointed as joint administrators.

In accounts for the year to December 25 2022, its fixed assets were valued at £824,167 and current assets at £475,178, while net assets totalled £454,535.

Skonto Plan UK Limited – August 16
Skonto Plan UK Limited, the UK subsidiary of Latvia-based Skonto Group, is a London-based company that engineers, produces and assembles facades for use in construction. The company fell into administration last week, with Clare Lloyd and Colin Hardman of Evelyn Partners appointed as joint administrators.

In accounts for the year ending December 31 2022, the company reported turnover of £50.4 million, up from £42.2 million a year earlier, but fell to a post-tax loss of £167,056, compared to a profit of slightly over £9,000 the previous year.

At the time, its total assets were valued at close to £19 million, but significant debts meant that its net assets amounted to only slightly over £137,000.

ACE Global Trading Limited – August 16
ACE Global Trading Limited, a supplier and distributor of branded fragrances, skincare and haircare products, fell into administration earlier this month, appointing Robert Horton of R2 Advisory as administrator.

In accounts for the year to March 31 2022, the company reported turnover of around £13.5 million, up from £12.3 a year earlier, and pre-tax profits of just under £483,000, compared to around £625,000 the previous year. At the time, the company’s total assets were valued at around £10.3 million, with net assets standing at £1.1 million.

MBPY Realisations Limited – August 19
MBPY Realisations Limited, previously Marble Building Products (Yorkshire) Limited, York-based manufacturer, fabricator and supplier of worktops and bathroom surfaces, fell into administration last week, with Katy McAndrew and Andrew Knowles of Leonard Curtis appointed as joint administrators.

In its accounts for the year ending December 30 2022, the company reported turnover of £15.4 million, up from £12.2 million a year earlier, and operating profit of close to £771,000, up from £580,581.

Its fixed assets at the time stood at £1.1 million, while current assets amounted to nearly £10 million and total equity totalled £3.6 million.

Ayima Limited – August 19
Ayima Limited, a boutique digital marketing and SEO agency based in Southend-on-Sea, fell into administration last week, with Andrew Pear and Michael Solomons of Moorfields appointed as joint administrators.

In its accounts for the year to December 31 2022, Ayima reported revenue of around £4 million, up slightly from £3.9 million a year earlier, while cutting its post-tax losses from £287,321 to £137,594.

At the time, the company’s non-current assets were valued at around £1.8 million and current assets at £2.7 million. However, its net liabilities at the time exceeded £202,000.

H. Charlesworth & Co Limited – August 20
H. Charlesworth & Co Limited, a digital and litho printing company based in West Yorkshire, fell into administration earlier this month, with Craig Johns and Jason Elliott of Cowgills appointed as joint administrators.

In the company’s accounts for the year to December 31 2023, its fixed assets were valued at £2.9 million and current assets at £1.3 million, while net assets amounted to approximately £901,000.


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