Fri, 17 Oct 2025 | ADMINISTRATION
The assets of an agricultural machinery dealer are set to be auctioned off after it collapsed into administration last month. Burton-on-Trent-based Rea Valley Tractors fell into administration in September alongside parent company Dunstall Holdings.
The company had traded for more than 40 years, representing high profile brands including JCB, John Deere, New Holland and Valtra. However, it had struggled with a prolonged period of inflationary cost pressures and challenging trading conditions and fell into administration following a failed sale process.
Tim Higgins, Edward Williams, and Jane Steer of PwC were appointed as joint administrators of the two businesses, with the companies subsequently wound down and their seven depots closed.
Following the closure of the business, BPI has now launched a series of auctions to sell off the companies’ assets. The assets will be split into three categories, covering tractors, telehandlers and attachments. Each of the auction categories will close on October 30 from 12pm. Viewings are available in York on Tuesday, October 28.
Assets up for auction include a 2022 John Deere 8RX 410 Four-Tracked Tractor, 2019 John Deere T670i Combine Harvester, 2024 Valtra Q305, 2023 New Holland T7.270 and 2021 JCB 4220 Fastrac tractors, as well as a number of 2017–2024 JCB and New Holland telehandlers and a 2018 JCB 435S Wheeled Loader.
Nathan Burnham, Associate Director at BPI, commented: "We're already seeing strong levels of interest in the assets available. For many buyers, sales like this provide a rare chance to secure machinery of this quality and specification at competitive prices, which can make a real difference in today’s challenging economic climate."
In accounts for the period from October 30 2022 to December 31 2023, Rea Valley Tractors Limited’s fixed assets were valued at £13.3 million, with current assets standing at £71.1 million and net assets at £4.6 million.
During the same period, Dunstall Holdings Limited’s fixed assets were valued at £19.3 million and current assets at around £69 million, but net liabilities totalled close to £3 million.
Acquiring distressed assets can potentially deliver enormous value, if buyers are adept at identifying the best quality assets
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