Tue, 06 May 2025 | 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.
Henkins Limited – April 29
Henkins Limited, a Bolton-based cloud software solutions firm trading as MSoft360 and previous MSoft E-Solutions, fell into administration in April, with Craig Johns and Jason Elliott of Cowgills appointed as joint administrators.
In accounts for the year to June 30 2024, the company’s fixed assets were valued at around £1.8 million and current assets at approximately £693,000, with net assets amounting to £321,429.
Stratton Land Limited – April 30
Stratton Land Limited, a London-based residential construction developer, fell into administration last week, with Oliver Collinge and James Sleight of PKF Littlejohn appointed as joint administrators.
In accounts dated March 31 2023, the firm’s fixed assets were valued at slightly over £2 million and current assets at £7.3 million, with net assets at the time amounting to £5.1 million.
Rodgers Cory Partnership Limited – April 30
Rodgers Cory Partnership Limited, a Matlock-based civil engineering and architectural design consultancy specialising in residential developments, fell into administration in late April, with John Hedger of Seneca IP appointed as administrator.
In accounts for the year to March 31 2024, the firm’s assets were valued at around £1.1 million, with net assets amounting to slightly under £910,000.
Packaging Supplies Limited – May 1
Packaging Supplies Limited, a packaging supplies wholesaler based in Barnet, fell into administration last month, with Mark Reynolds of Valentine & Co and Natasha Brodie of Forvis Mazars appointed as joint administrators.
In accounts for the year to December 31 2023, the company’s fixed assets were valued at approximately £80,000 and current assets at £1.5 million, with net assets standing at £295,200.
Electric Assisted Vehicles Limited – May 2
Electric Assisted Vehicles Limited, a Banbury-based manufacturer of electric assisted cargo bikes for businesses, fell into administration last week, with Craig Povey and Gareth Prince of Begbies Traynor appointed as joint administrators.
In accounts for the year to March 31 2024, the company’s fixed assets were valued at around £226,000 and current assets at £2.4 million. However, significant debts mean that its net liabilities amounted to around £248,000.
Omega Personnel Limited – May 2
Omega Personnel Limited, a recruitment agency based in London, fell into administration last month, appointing Dominik Thiel-Czerwinke and Wayne MacPherson of Begbies Traynor as joint administrators.
In accounts for the year to March 31 2023, the company generated turnover of £5.6 million, down from £8.4 million a year earlier, while it fell from a pre-tax profit of £139,123 to a loss of around £65,000.
At the time, its fixed assets were valued at £35,000 and current assets at £1.6 million, with total equity amounting to £388,314.
Gold Crest Trading Limited – May 2
Gold Crest Trading Limited, a surveying company based in Nottingham, fell into administration last week, with Jeffrey Brenner and James Stares of Anthony Batty & Company appointed as joint administrators.
In accounts for the year to December 31 2023, the company’s fixed assets were valued at close to £1.2 million and current assets at slightly over £800,000. Net liabilities, however, totalled close to £404,000.
Famevalley Limited – May 6
Famevalley Limited, a Preston-based chemists trading as HBS Pharmacy, fell into administration last week, with Lee Van Lockwood and Gareth Harries of RSM UK Restructuring Advisory appointed as joint administrators.
In accounts for the year ending March 31 2023, the company reported turnover of £19.8 million, compared to £20 million a year earlier, while falling from a pre-tax profit of £128,216 to a pre-tax loss of around £50,000.
At the time, its fixed assets were valued at £3.2 million and current assets at £14.5 million, with net assets amounting to £2.7 million.
Envin Scientific Limited – May 6
Envin Scientific Limited, a Chester-based manufacturer of gas safety equipment, fell into administration last week, with Jeremy Woodside and Tracy Pye of Quantuma Advisory appointed as joint administrators.
In accounts for the year to March 31 2024, the company’s fixed assets were valued at slightly over £115,000 and current assets at close to £1 million, with net assets standing at around £939,000.
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.
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