Tue, 01 Jul 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.
Wood Logistics & Lifting Limited - June 25
Wood Logistics & Lifting Limited, a Leeds-based logistics and storage company, fell into administration earlier this month, with Sean Williams and Phil Deyes of Leonard Curtis appointed as joint administrators.
The company specialised in lifting work and transporting abnormal loads, holding a licence authorising 13 HGVs and 15 trailers from operating centres in Morley, Batley and Cleckheaton.
In accounts for the year to February 29 2024, the firm’s fixed assets were valued at £3.1 million and current assets at close to £650,000, with net assets amounting to just under £470,000.
PLM Global Limited - June 25
PLM Global Limited, a Nottingham-based computer hardware company, fell into administration earlier this month, with Damian Webb and Gordon Thomson of RSM UK Restructuring Advisory appointed as joint administrators of the company, along with PLM Global (Holdings) Limited.
In financial accounts for the year to March 31 2024, the company reported pre-tax profits of more than £160,000. However, this was down sharply from close to £304,000 the previous year.
The company reportedly fell into administration after struggling with an inability to settle its debts owing to a decline in trade. Administrators say they are exploring options for realising the firm’s assets.
In its 2024 accounts, the company’s fixed assets were valued at around £33,000 and current assets at close to £2 million, with total equity amounting to nearly £1.4 million.
Find out more about PLM Global's collapse.
Herbert Retail Limited - June 25
Herbert Retail Limited, a Suffolk-based provider of hardware and software retail solutions, fell into administration last week, with Rajnesh Mittal and Arvindar Singh of FRP Advisory appointed as joint administrators.
In the year to March 31 2024, the company reported turnover of £23.2 million, up from £12.6 million a year earlier, while recovering from reporting a post-tax loss of £1.3 million in 2023 to record a profit of around £17,000.
At the time, its assets were valued at around £9 million. However, its net liabilities totalled £4.5 million.
Fosseway Transition Limited and Fosse Way Court (Management) Limited - June 27
Fosseway Transition Limited and Fosse Way Court (Management) Limited, residential property construction development firms based in Bath, fell into administration last week, with Gary Shankland and Irvin Cohen of Begbies Traynor appointed as joint administrators.
In accounts for the year to March 31 2024, Fosseway Transition’s fixed assets were valued at £7.3 million, with current assets standing at £2.1 million and net assets amounting to around £6.8 million.
In accounts dated to the year ending September 29 2024, Fosse Way Court (Management) reported fixed assets slightly exceeding £73,000 and current assets of £7.8 million, with net assets amounting to £50,0000.
Protocol National Limited - June 30
Protocol National Limited, a recruitment services firm based in Nottingham, fell into administration last week, appointing Jason Bell and Philip Stephenson of Grant Thornton as joint administrators.
In accounts for the year to July 31 2024, the company reported turnover of £14.9 million, down from around £17.3 million a year earlier, while its losses widened from slightly over £60,000 to £565,000.
At the time, fixed assets were valued at £1.2 million and current assets at £2.4 million, with net assets amounting to £209,000.
AMLo Biosciences Limited - July 1
AMLo Biosciences Limited, a Newcastle-based company using research into cancer biomarkers to produce a range of prognostic and companion diagnostic products, fell into administration last week, with Christopher Petts and James Hitchens of Grant Thornton appointed as joint administrators.
In accounts for the year ending November 30 2024, the company’s fixed assets were valued at around £563,000 and current assets at slightly over £852,000. Net liabilities, however, exceeded £620,000.
Click here to download our free guide on finding and buying distressed businesses and assets
This highly successful fire risk assessment and carpentry firm has built an enviable reputation for reliability and expertise, making it a trusted partner for prestigious clients such as local authorities and major construction firms.
Opportunity to acquire a well-established mixed dental practice located in the picturesque Highlands, offering a loyal patient base and a strong reputation.
LEASEHOLD
This highly regarded dental practice, located in a prominent town centre location in Lincolnshire, boasts a 100% private patient base with substantial secure plan income.
FREEHOLD
|
12
|
|
Dec
|
Yorkshire IT company acquires South Wales cybersecurity firm | BUSINESS SALE
An IT and telecommunications firm based in Yorkshire has acq...
|
11
|
|
Dec
|
Belfast luggage logistics firm acquires London competitor | BUSINESS SALE
My Baggage, a luggage shipping and personal effects logistic...
|
11
|
|
Dec
|
Fast food chain Leon set for restructuring after hiring administrators | ADMINISTRATION
Fast food chain Leon is planning to close restaurants and cu...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
We can help you capitalise on insolvent businesses. We list UK businesses in administration, liquidation and with winding up petitions daily. Ensuring our members never miss out on an opportunity
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.