UK administrations update: October 14 - 20

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.

Harrison (Worcester) LLP - October 14
Harrison (Worcester) LLP, a Worcestershire-based law firm, fell into administration earlier this month, with Matthew Mills and James Saunders of KR8 Advisory appointed as joint administrators.

In accounts for the year to March 31 2024, the company’s current assets were valued at approximately £5.8 million, with total members’ interests amounting to around £813,000.

Definition Health Limited - October 14
Definition Health Limited, a digital healthcare solutions provider based in East Sussex, fell into administration at the beginning of October, with Jonathan Beard and John Walters of Begbies Traynor appointed as joint administrators.

In the company’s accounts for the year to September 30 2024, its fixed assets were valued at £3.4 million and current assets at slightly over £591,000, while net assets amounted to approximately £2.2 million.

Corpus Nostrum Limited - October 14
Corpus Nostrum Limited, an Aylesbury-based medicines manufacturer trading as Mandeville Medicines, fell into administration earlier this month, with Philip Watkins and Philip Armstrong of FRP Advisory appointed as joint administrators.

In accounts for the year to April 30 2024, the firm’s fixed assets were valued at around £2.6 million and current assets at £1.1 million, with net assets standing at £1.6 million.

WSH Logistics Limited - October 14
WSH Logistics Limited, a Malvern-based logistics company, fell into administration earlier this month, with Stephanie Baker and Alistair Wardell of Grant Thornton appointed as joint administrators.

The administration was said to have followed a period of financial difficulty and after efforts to secure new investment failed, meaning the business will now be wound down by the joint administrators. WSH Logistics held two international operator licences: a license in the West Midlands, where it operated 60 HGVs from two bases in Ledbury; and one in the North East, where it had permission to operate 15.

In accounts for the year to April 30 2024, the company’s fixed assets were valued at approximately £4.7 million and current assets at £1.8 million, with net assets of slightly more than £607,000.

PHBB Restaurants Limited - October 15
PHBB Restaurants Limited, a Croydon-based restaurant and bar operator trading as Pahli Hill Bandra Bhai, fell into administration earlier in October, with Duncan Coutts and Rupen Patel of Coots & Boots appointed as joint administrators.

In accounts for the year to March 31 2024, the company’s assets were valued at around £1.5 million, but net liabilities amounted to approximately £96,000.

Waterline Limited - October 15
Waterline Limited, a Buckinghamshire-based kitchen, bathroom and bedroom distributor, fell into administration earlier this month, with Alex Cadwallader and Dane O’Hara of Leonard Curtis appointed as joint administrators.

Despite performing strongly in 2021 and 2022, the company had faced mounting challenges over recent years amid a widespread drop in consumer spending and other adverse economic factors.

It ultimately fell into administration following a failed sale process, with the joint administrators now preparing to wind down the business and realise the value of its remaining assets.

In the year to March 31 2024, Waterline Limited reported turnover of £44.3 million, down from £56.5 million in 2023, while gross profit fell from £11.8 million to £8.3 million. The business ultimately reported an operating loss of £2.2 million, compared to a profit of approximately £390,000 a year earlier.

At the time, its current assets were valued at £9.8 million, with net assets amounting to approximately £5.2 million.

Find out more about the collapse of Waterline

Etag Fixings UK Limited - October 16
Etag Fixings UK Limited, a building supplies firm based in Dagenham, fell into administration last week, with Andrew Hook and Julie Palmer of Begbies Traynor appointed as joint administrators.

In accounts for the year to December 31 2023, the company reported turnover of £13.9 million, down from £17.3 million a year earlier, while seeing its EBITDA losses widen from approximately £60,000 to more than £1.5 million.

At the time, the company’s fixed assets were valued at around £261,000 and current assets at £4.6 million, with net assets amounting to approximately £86,000.

Baptt Shopfitters Limited - October 16
Baptt Shopfitters Limited, a shopfitter based in Fforestfach, fell into administration last month, with Paul Mallatratt and Peter Herberts of Abbey Taylor Jones appointed as joint administrators.

In accounts for the year to July 31 2024, the company’s fixed assets were valued at around £104,000 and current assets at £1.4 million, with net assets of £270,000.

Commercial Estates Services Limited - October 16
Commercial Estates Services Limited, a London-based provider of reception and security staff for offices, fell into administration earlier this month, with Rob Keyes and David Taylor of KRE Corporate Recovery appointed as joint administrators.

In accounts for the year to December 31 2023, the company reported turnover of £1.8 million, roughly in line with its results from a year earlier, while operating profit rose from around £91,000 to £142,000.

At the time, its fixed assets were valued at around £61,000 and current assets at £1 million, with net assets amounting to approximately £479,000.

North View Engineering Solutions Limited - October 17
North View Engineering Solutions Limited, a specialist engineering services firm based in Darlington, fell into administration earlier this month, with Christopher Barrett of Dow Schofield Watts and Claire Harsley of SPK Financial Solutions appointed as joint administrators.

In accounts for the year to March 31 2024, the company’s fixed assets were valued at around £86,000 and current assets at £2.7 million, with net assets amounting to approximately £1.9 million.

Haven Engineering 2016 Limited - October 17
Haven Engineering 2016 Limited, a Milford Haven-based pipework and structural steelwork firm, fell into administration last week, with Wayne MacPherson of Begbies Traynor and Edward Avery-Gee of CG Recovery appointed as joint administrators.

In accounts for the year to November 26 2023, the company’s assets were valued at over £1.8 million, but significant debts meant that net liabilities stood at approximately £347,000.

Human Magic Limited - October 20
Human Magic Limited, a Liverpool-based branding agency, fell into administration last week, with Ben Woodthorpe and Simon Jagger of S&W Partners appointed as joint administrators.

In accounts for the year to March 31 2025, the company’s fixed assets were valued at around £211,000 and current assets at £2.3 million, with net assets amounting to approximately £39,000.

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