Tue, 30 Dec 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.
Contract Solutions (Grampian) Limited - December 23
Contract Solutions (Grampian) Limited, a Westhill-based commercial cleaning company trading as CSG Clean, fell into administration earlier this month, with Graham Smith and Michelle Elliot of FRP Advisory appointed as joint administrators.
In accounts for the year to December 31 2024, the company reported turnover of around £6 million, up from £4.2 million a year earlier, but operating profits dropped from £155,000 to £44,400 and post-tax losses widened from £13,312 to approximately £50,000.
At the time, its fixed assets were valued at around £1.5 million and current assets at £4.2 million, with net assets amounting to £1.8 million.
Lune Valley Timber Buildings Limited - December 23
Lune Valley Timber Buildings Limited, a Carnforth-based manufacturer of timber glamping pods trading as Lune Valley Pods, fell into administration earlier this month, appointing Megan Singleton and Mark Colman of Leonard Curtis as joint administrators.
In accounts for the year to March 31 2024, the company’s fixed assets were valued at around £694,000 and current assets at £2.2 million, with net assets coming to approximately £1.3 million.
Indivus Limited - December 23
Indivus Limited, an engineering design company based in Bristol, fell into administration earlier this month, with Ben Woodthorpe and Simon Jagger of S&W Partners appointed as joint administrators.
In the year to June 30 2024, the company’s fixed assets were valued at £4.5 million and current assets at £1.6 million, while total equity amounted to £2.9 million.
Ickenham Travel Group Limited - December 23
Ickenham Travel Group Limited, an East Sussex-based travel company trading as LetsGo2, fell into administration earlier this month, with Jonathan Beard and Gavin Savage of Begbies Traynor appointed as joint administrators.
In accounts for the year to March 31 2025, the company’s fixed assets were valued at around £278,000 and current assets at £6.1 million. However, its net liabilities stood at £1.3 million.
Titchfield CD Limited - December 23
Titchfield CD Limited, a property development company based in London, fell into administration earlier this month, with Robert Young, Matthew Richards and Louise Brittain of Azets appointed as joint administrators.
In accounts for the year to December 31 2023, the company reported turnover of £3.1 million, up from £2.5 million, but saw its operating losses increase from around £1.8 million to £3.7 million. At the time, its current assets were valued at £24.3 million, but net liabilities stood at £12.3 million.
Vynova Runcorn Limited - December 23
Vynova Runcorn Limited, a producer of intermediates used in the production of PVC, fell into administration earlier this month, with Gareth Wilcox, Allister Manson and Trevor Binyon of Opus Restructuring appointed as joint administrators.
In accounts for the year to December 31 2024, the company reported turnover of £34.3 million, up from £31.5 million, while operating profit increased from £5.8 million to £14.4 million. At the time, its fixed assets were valued at around £313.2 million and current assets at £57.8 million, while net assets amounted to £78.3 million.
Waagner Biro Steel and Glass Limited - December 24
Waagner Biro Steel and Glass Limited, a London-based architectural and structural steel and glass specialist, fell into administration earlier this month, with Tyrone Courtman and Matthew Haw of RSM appointed as joint administrators.
In accounts for the year to December 31 2024, the company reported turnover of £35.2 million, up from around £3.1 million a year earlier, while gross profit increased from £784,000 to around £1.3 million. At the time, the company’s assets were valued at around £14 million, with net assets amounting to approximately £586,000.
Boiler Central Limited - December 24
Boiler Central Limited, a boiler installation and replacement company trading as Boiler Central and Green Central, fell into administration earlier this month, with Stephen Beverley and Richard Pinder of Leonard Curtis appointed as joint administrators.
In accounts for the year to May 31 2024, the company’s fixed assets were valued at £1.4 million and current assets at slightly over £1 million, with net assets coming to around £64,000.
Reflex Vehicle Hire Limited - December 26
Reflex Vehicle Hire Limited, a vehicle hire firm based in Loughborough, fell into administration last week, with Christopher Petts and Jon Roden of Grant Thornton appointed as joint administrators.
In accounts for the year to December 31 2023, the group reported turnover of around £56.1 million, up from approximately £51.9 million a year earlier, while operating profit dipped from £5.5 million to around £4.6 million. At the time, its fixed assets were valued at £69.1 million, with net assets standing at approximately £8.8 million.
Enablelink Limited - December 29
Enablelink Limited, a scrap metal recycling company based in Tipton, fell into administration last week, with Raj Mittal and Benjamin Jones of FRP Advisory appointed as joint administrators.
In accounts for the period from October 1 2024 to December 31 2024, the company reported turnover of around £18.6 million, compared to £42.4 million in accounts covering April 23 2024 to September 30 2024. Operating losses, meanwhile, widened from £2.2 million to £3.7 million.
At the time, its fixed assets were valued at £21.2 million and current assets at £14.4 million, while net assets amounted to around £8.1 million.
MT Transport (UK) Limited - December 29
MT Transport (UK) Limited, a freight transport company based in the West Midlands and related to Enablelink Limited, fell into administration last week, with Raj Mittal and Benjamin Jones appointed as joint administrators.
In accounts for the period from September 30 2024 to December 31 2024, the company’s fixed assets were valued at £1.4 million and current assets at £1.3 million, while net assets amounted to around £2.2 million.
Circle Express Limited - December 29
Circle Express Limited, a logistics firm based in West Drayton, fell into administration earlier this month, with Dean Watson and Paul Stanley of Begbies Traynor appointed as joint administrators.
In accounts for the period from April 1 2023 to September 30 2024, the company reported turnover of around £34.7 million, compared to £27.2 million in the preceding year, but saw operating losses increase from around £367,000 to £7.7 million.
At the time, the company’s fixed assets stood at £393,513 and current assets at £6.8 million, but net liabilities totalled close to £2.6 million.
Five Oaks Green Holdings Limited - December 29
Five Oaks Green Holdings Limited, a real estate investment company based in Birmingham, fell into administration earlier this month, with Raj Mittal and Arvindar Singh of FRP Advisory appointed as joint administrators.
In accounts for the year to December 31 2023, the company’s fixed assets were valued at £18.3 million and current assets at approximately £1 million, while net assets amounted to £5.2 million.
Plasto-Sac UK Limited - December 29
Plasto-Sac UK Limited, a packaging manufacturer based in Cheshire, fell into administration last week, with Chris Skey and Kerry Bailer of BDO appointed as joint administrators.
In accounts for the year to December 31 2024, the company reported turnover of around £15.9 million, down from approximately £16.7 million a year earlier, while operating profits increased marginally from around £279,000 to just under £280,000.
At the time, the company’s fixed assets were valued at around £257,000 and current assets at £9.9 million, while net assets amounted to approximately £1.3 million.
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