Tue, 28 Apr 2026 | ADMINISTRATION
Since our last update, the following businesses have been confirmed as having fallen into administration. All dates indicate when the administration was announced and not necessarily the dates on which administrators were appointed.
Air Sea Logistics Limited - April 21
Air Sea Logistics Limited, a freight forwarding and warehouse operation services firm based in Berkshire, fell into administration earlier this month, with Rob Keyes and David Taylor of KRE Corporate Recovery appointed as joint administrators.
In accounts for the year to June 30 2025, the company’s fixed assets were valued at around £21,000 and current assets at £1.6 million, with net assets totalling approximately £537,000.
Heir Hill Limited - April 21
Heir Hill Limited, a Cheshire-based provider of support services to global shipping and logistics businesses, previously trading as Mercantile & Maritime UK Limited, fell into administration earlier this month, with Andrew Andronikou and Jack Caten of Quantuma Advisory appointed as joint administrators.
In accounts for the year to December 31 2025, the company’s fixed assets were valued at around £107,000 and current assets at £4.5 million, with net assets amounting to approximately £2.3 million.
KCH (Ashford) (1.2) Limited, KCH (Ashford) (1.1) Limited, KCH (Ashford CM Plot 1) Limited - April 21
KCH (Ashford) (1.2) Limited, KCH (Ashford) (1.1) Limited, KCH (Ashford CM Plot 1) Limited, three companies registered at the same address in Bedworth, fell into administration on April 13 2026, with Arron Kendall and Michael Solomons of Moorfields appointed as joint administrators.
The companies share directors with London-based housing developer Kings Crescent Homes. In 2023, Kings Crescent Homes secured a £34.9 million loan from OakNorth Bank to support a major residential scheme in Ashford, Kent, comprising 254 Build-to-Rent units across four buildings.
In 2024, the plot was acquired by Starlight Investments, which subsequently worked in partnership with Vidi Construction on the development. Vidi Construction subsequently went into administration in December 2025, with the development unfinished.
In accounts for the year to October 31 2024, KCH (Ashford) (1.2) Limited’s current assets were valued at around £8.2 million, with net assets of approximately £130,000.
For the same period, KCH (Ashford) (1.1) Limited had £17.5 million in current assets, with net assets totalling slightly over £121,000.
In the year to January 31 2025, KCH (Ashford CM Plot 1) Limited’s current assets were valued at around £202,000, with net assets totalling approximately £93,500.
Warwick Steel Structures Limited - April 22
Warwick Steel Structures Limited, a structural steelwork company based in Warwickshire, fell into administration earlier this month, with Allister Manson and Gareth Wilcox of Opus Restructuring appointed as joint administrators.
The company’s collapse came after an application from secured creditor Close Brothers. The joint administrators are now progressing a potential sale of the company’s assets.
In accounts for the year to March 31 2025, the company’s fixed assets were valued at around £127,000 and current assets at £1.6 million, with net assets totalling slightly over £473,000.
UYR Limited - April 23
UYR Limited, a printing, design and multimedia company based in Wakefield, fell into administration last week following an unsuccessful attempt to sell the business.
Joint administrators are now managing a controlled wind down and closure of the business while working to secure a sale of its real estate and assets.
In accounts for the year to March 31 2025, UYR Limited’s fixed assets were valued at £5.3 million and current assets at £5.8 million, with net assets totalling £2.4 million.
Find out more about the opportunity to acquire UYR’s assets here
The Blue Sea Fishing Company Limited - April 23
The Blue Sea Fishing Company Limited, a Paignton-based marine fishing company and one of the UK’s leading providers of sustainably sourced crab products, fell into administration last week, with Anthony Collier and Simon Farr of FRP Advisory appointed as joint administrators.
In accounts for the year August 31 2024, the company’s fixed assets were valued at around £2.7 million and current assets at approximately £101,000. However, liabilities totalled £1.2 million at the time.
R.A. Smart (Holdings) Limited - April 24
R.A. Smart (Holdings) Limited, a textile printing company based in Macclesfield, fell into administration last week, with Richard Cole and Steve Kenny of KBL Advisory appointed as joint administrators.
In accounts for the year to September 30 2024, the company’s fixed assets were valued at around £1 million and current assets at £2.2 million, with net assets totalling around £1.8 million.
SK Food and Drinks Limited - April 24
SK Food and Drinks Limited, a grocery wholesaler based in Birmingham, fell into administration last week, with Sandra Fender of Sanderlings appointed as administrator.
In accounts for the year to October 30 2024, the company’s fixed assets were valued at around £23,000 and current assets at approximately £2.9 million, with net assets totalling close to £422,000.
The LED Studio Limited - April 24
The LED Studio Limited, a TV display manufacturing company based in Basingstoke, fell into administration last week, with Andrew Watling and Michael Field of Opus Restructuring appointed as joint administrators.
In accounts for the year to December 31 2024, the company’s assets were valued at around £6.7 million, with total equity standing at approximately £970,000.
Steama Company Limited - April 27
Steama Company Limited, an IoT smart metering and digital energy management company based in Manchester, fell into administration last week, with Richard Cole and Steve Kenny appointed as joint administrators.
In accounts for the year to December 31 2024, the company’s fixed assets were valued at £1.5 million and current assets at £2 million, with net assets totalling £2.3 million.
Cornflake Limited - April 27
Cornflake Limited, a London-based smart home technology company, fell into administration earlier this month, with Isobel Brett of Bretts Business Recovery appointed as administrator.
In accounts for the year to March 31 2025, the company’s fixed assets were valued at around £358,000 and current assets at approximately £2.3 million, with net assets totalling slightly more than £110,000.
John K Philips Group Limited - April 27
John K Philips Group Limited, a transport and distribution company based in Warrington, fell into administration last week, with Patrick Lannagan and Richard Hough of Forvis Mazars appointed as joint administrators.
In accounts for the year to February 29 2024, the company reported turnover of around £10.2 million, down from £12 million a year earlier, while falling from an operating profit of £30,301 to a loss of nearly £1.3 million.
At the time, directors said that the company had withstood the cost of the UK’s economic downturn and the disruption of its move to new premises. However, the drop in turnover was attributed to one of its major customers, JD Sports, taking its returns operations back in-house.
The company’s fixed assets were valued at close to £4.1 million, with current assets standing at £1.8 million. The firm’s net liabilities, though, totalled close to £64,000.
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