Tue, 02 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.
Riley & Shutt (Tools) Limited - November 25
Riley & Shutt (Tools) Limited, a Lancashire-based CNC cutting tools supplier, fell into administration in November, with Lisa Moxon and Christopher Barrett of Dow Schofield Watts Business Recovery appointed as joint administrators.
In accounts for the year to March 31 2024, the company’s fixed assets were valued at around £354,000 and current assets at approximately £3 million, with net assets amounting to slightly over £128,000.
G & P Mechanical & Structural Engineering Limited - November 26
G & P Mechanical & Structural Engineering Limited, a Sheerness-based fabrication, machining and engineering firm, fell into administration last month, with Neil Money of CBA Business Solutions appointed as administrator.
In accounts for the year to December 31 2024, the company’s fixed assets were valued at around £81,000 and current assets at approximately £2.6 million, while net assets amounted to slightly more than £464,000.
Visions Event Solutions Limited - November 28
Visions Event Solutions Limited, an event solutions company based in Bracknell, fell into administration last month, with Nick Parsk and Carrie James of Oury Clark Chartered Accountants appointed as joint administrators.
In accounts for the year to March 31 2024, the company’s fixed assets were valued at £2.1 million and current assets at £1.7 million, with net assets amounting to around £809,000.
Rattan Direct Limited - November 28
Rattan Direct Limited, a rattan garden furniture retailer based in Manchester, fell into administration last month, with Simon Farr and Martyn Rickels of FRP Advisory appointed as joint administrators.
In accounts for the year to September 30 2023, the company’s fixed assets were valued at around £132,000 and current assets at £2.4 million. However, its net liabilities at the time exceeded £104,000.
Pascoe Homes (Leeds) Limited - November 28
Pascoe Homes (Leeds) Limited, an eco-friendly housing developer based in Leeds, fell into administration last month, with Nick Myers and Alex Cadwallader of Leonard Curtis appointed as joint administrators.
In accounts for the year to September 30 2024, the company’s fixed assets were valued at around £6.1 million and current assets at £2.5 million, while net assets totalled £1.5 million.
JNFX Limited - November 28
JNFX Limited, a financial services company specialising in international payments and foreign exchange solutions, fell into administration last week, with Louise Brittain and Matthew Richards of Azets appointed as joint administrators.
In accounts for the year to November 30 2023, the company’s assets were valued at around £13.6 million, with total equity amounting to approximately £108,000.
M & A Metals Limited - November 28
M & A Metals Limited, a Grays-based metal recycling company trading as Spartan Metal Recycling, fell into administration last week, with Kelly Burton and Joseph Fox of FRP Advisory appointed as joint administrators.
In accounts for the year to March 31 2025, the company’s fixed assets were valued at around £1.7 million and current assets at £4.1 million, with total assets amounting to £2.3 million.
Courie Investments Limited - November 28
Courie Investments Limited, a property investment company, fell into administration last week, with James Alexander and Alistair McAlinden of Interpath appointed as joint administrators.
In accounts for the year to September 30 2024, the company’s fixed assets were valued at around £5.3 million and current assets at approximately £199,000, with net assets amounting to around £2.5 million.
11 Popes Lane LLP - December 1
11 Popes Lane LLP, a property developer based in London, fell into administration last week, with Lee Lockwood and Christopher Ratten of RSM UK Restructuring Advisory appointed as joint administrators.
In accounts for the year to August 31 2024, the company’s fixed assets were valued at £25.2 million and current assets at around £297,000, while total members’ interests amounted to approximately £8.6 million.
On the same day, Lee Lockwood and Christopher Ratten were also appointed as joint administrators of 11 Popes Lane Property Management Limited, 10 Denham Street Property Management Limited and 10 Denham Street LLP, all based at the same address.
Meraki Restaurants Limited - December 1
Meraki Restaurants Limited, a chain of Greek bars and restaurants, fell into administration last week, with Jack Caten and Mark Fry of Begbies Traynor appointed as joint administrators.
In accounts for the year to December 31 2023, the company’s fixed assets were valued at £1.7 million and current assets at around £545,000. However, net liabilities totalled approximately £549,000.
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