Tue, 16 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.
Hydrate Drinks Group Limited - December 9
Hydrate Drinks Group Limited, a Liverpool-based soft drinks manufacturer, fell into administration earlier this month, with Jason Greenhalgh and Stephen Berry of Begbies Traynor appointed as joint administrators.
In accounts for the year to December 31 2024, the company’s fixed assets were valued at £13.7 million and current assets at £2.6 million, with net assets amounting to £8.2 million.
Watches of Bath (Retail) Limited - December 9
Watches of Bath (Retail) Limited, a luxury watch retailer in Bath, fell into administration earlier this month, with Paul Cooper and Joseph Colley of Moore Kingston Smith & Partners appointed as joint administrators.
In accounts for the year to June 30 2024, the company’s assets were valued at around £15.1 million, with net assets amounting to approximately £212,000.
Wave Studios Limited - December 9
Wave Studios Limited, a sound design studio in Hertfordshire, fell into administration earlier this month, with Simon Killick and Jeremy Karr of Begbies Traynor appointed as joint administrators.
In accounts for the year to December 31 2023, the company’s fixed assets were valued at around £337,000 and current assets at £1.4 million, with net assets amounting to £291,000.
Pilgrims of March Limited - December 10
Pilgrims of March Limited, a motor vehicle dealership in March, Cambridgeshire, fell into administration earlier this month, with Andrew Bland, Paul Stanley and Dean Watson of Begbies Traynor appointed as joint administrators.
In accounts for the year to March 31 2024, the company’s fixed assets were valued at slightly over £1 million and current assets at around £1.8 million, with net assets amounting to approximately £723,000.
Petalite Limited - December 11
Petalite Limited, a Birmingham-based electric vehicle charging manufacturer, fell into administration earlier this month, with Geoffrey Rowley and Simon Baggs of FRP Advisory appointed as joint administrators.
The collapse comes in the wake of fundraising challenges, with the joint administrators now engaging with interested parties regarding a sale.
In accounts for the year to December 31 2024, the company’s fixed assets were valued at £430,000 and current assets at £1.2 million. Net liabilities, however, amounted to almost £5.3 million.
Find out more about the collapse of Petalite
EES Solutions KMD Limited - December 12
EES Solutions KMD Limited, an engineering design and development consultancy based in Coventry, fell into administration last week, with Tom Bowes and Simon Farr of FRP Advisory appointed as joint administrators.
In accounts for the year to March 31 2024, the company’s assets were valued at £1.9 million, with net assets standing at around £148,000.
Sensory International Limited - December 12
Sensory International Limited, an audiovisual equipment supplier based in Macclesfield, fell into administration last week, with Claire Middlebrook of Middlebrooks Business Recovery & Advice and Stuart Rathmell of Stuart Rathmell Insolvency appointed as joint administrators.
In accounts for the year to June 30 2024, the company’s fixed assets were valued at around £1.6 million and current assets at £3.1 million, with net assets amounting to £810,468.
TL Realisations Limited - December 15
TL Realisations Limited, a lighting products manufacturer based in Lancashire and previously trading as Tyson Lighting Limited, fell into administration last week, with Mike Dillon and Andrew Knowles of Leonard Curtis appointed as joint administrators.
In accounts for the year to December 31 2023, the company’s fixed assets were valued at £1.1 million and current assets at £1.6 million, with net assets amounting to around £668,000.
Clayton Equipment Limited - December 15
Clayton Equipment Limited, a rail engineering firm based in Burton on Trent, fell into administration last week, with Gareth Prince and Mark Malone of Begbies Traynor appointed as joint administrators.
In accounts for the period from February 28 2023 to August 31 2024, the company’s fixed assets were valued at around £269,000 and current assets at £5.4 million, while net assets amounted to £2.6 million.
T. Hayselden (Doncaster) Limited - December 15
T. Hayselden (Doncaster) Limited, a VW dealership in Doncaster, fell into administration last week, with Mark Hodgett and David Acland of FRP Advisory appointed as joint administrators.
In accounts for the year to December 31 2023, the company’s turnover stood at £56.7 million, up slightly from £56.1 million a year earlier, but operating profits fell from £1 million to around £421,000.
At the time, the company’s fixed assets were valued at £3.8 million and current assets at around £7.2 million, with net assets amounting to £4.2 million.
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