UK administrations update: September 2 - 9

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.

John Gillman & Sons (Electrical) Limited - September 2
John Gillman & Sons (Electrical) Limited, a Tewkesbury-based electricals distributor trading as Domestic Appliance Distributors (D.A.D), fell into administration last month, with Michael Denny and Michael Magnay of Alvarez & Marsal appointed as joint administrators.

The administration was attributed to sustained losses at the long-running company, which led to a funding requirement that it was unable to meet. Administrators are now exploring options for the business, including engaging with potential buyers with a view to securing a full or partial sale.

In accounts for the year to December 31 2023, the company reported turnover from continuing operations of around £49 million, down from approximately £57.8 million a year earlier, while cutting its post-tax losses from £3.6 million to £1.8 million.

At the time, its fixed assets were valued at around £227,000 and current assets at £24.5 million, with net assets amounting to £9.3 million.

Find out more about the collapse of Domestic Appliance Distributors

Barkley Plastics Limited - September 3
Barkley Plastics Limited, a Birmingham-based plastic moulding firm, fell into administration last month, with Mark Malone and Gareth Prince of Begbies Traynor appointed as joint administrators.

The company fell into administration following a failed attempt to find a buyer and administrators are now overseeing a controlled closure of the business while undertaking a sale process for its assets, including plant and machinery.

In accounts for the year to August 31 2024, the company’s fixed assets were valued at slightly over £368,000 and current assets at £1.7 million, with net assets amounting to around £990,000.

Richard Griffith House Plants Limited - September 3
Richard Griffith House Plants Limited, a garden retailer based in Knaresborough, fell into administration in late August, with Mark Hodgett and David Willis of FRP Advisory appointed as joint administrators.

The business had been impacted by a significant downturn in consumer spending which ultimately rendered it unsustainable, with the company ceasing trading upon the appointment of the joint administrators.

The joint administrators are now focused on realising the company’s assets. In the year to December 31 2023, its fixed assets were valued at around £48,000 and current assets at approximately £954,000, with net assets amounting to slightly over £251,000.

Find out more about Richard Griffith House Plants’ administration

Lumi Therapy Limited - September 3
Lumi Therapy Limited, a cold water therapy products firm based in Exeter, fell into administration last month, with Nedim Ailyan and Paul Atkinson of FRP Advisory appointed as joint administrators.

In accounts for the year to November 30 2023, the company’s fixed assets were valued at around £145,000 and current assets at £2.3 million, with net assets amounting to slightly over £269,000.

Spring Studios Limited - September 3
Spring Studios Limited, a creative studio based in London, fell into administration last month, with Andrew Pear and Richard Keley of Moorfields appointed as joint administrators.

In accounts for the year to December 31 2023, the company reported turnover of £17 million, down from around £22.3 million a year earlier, but cut its losses from £2 million to around £250,000.

At the time, its fixed assets were valued at £2.8 million and current assets at £14.4 million. Net liabilities, however, stood at approximately £4 million.

Chemex International Limited - September 5
Chemex International Limited, a Greater Manchester-based cleaning products manufacturer, fell into administration in August, with Gareth Howarth and Philip Lawrence of AMS Business Recovery appointed as joint administrators.

In accounts for the year to December 31 2022, the company’s total assets were valued at around £1.8 million, with net assets coming to slightly over £833,000.

Ansador Limited - September 5
Ansador Limited, a Somerset-based provider of fire and security solutions, fell into administration at the start of September, with Gareth Buckley of the Insolvency Company appointed as administrator.

In accounts for the year to March 31 2024, the company’s fixed assets were valued at around £41,000 and current assets at £2.7 million, with net assets amounting to approximately £618,000.

Bristol Television Film Services Limited - September 8
Bristol Television Film Services Limited, a Bristol-based provider of video production vehicles, fell into administration last week, with Sam Talby and Rob Coad of Undebt.co.uk appointed as joint administrators.

In accounts for the year to July 31 2023, the company’s fixed assets were valued at around £1.3 million and current assets at £1.1 million, with net assets amounting to £1.2 million.

Powertrain Warwick Limited - September 8
Powertrain Warwick Limited, a powertrain solutions supplier based in Royal Leamington Spa, fell into administration last week, with Gary Shankland and Irvin Cohen of Begbies Traynor appointed as joint administrators.

In accounts for the year to December 31 2023, when the company was trading as Hofer Powertrain UK Limited, it reported turnover of around £23.8 million, up from £20.8 million a year earlier, and moved from a post-tax loss of £1.2 million to a profit of close to £1.3 million.

At the time, its fixed assets were valued at around £2.7 million and current assets at £6.5 million. However, its net liabilities exceeded £16.6 million.

Avondale Environmental Limited - September 8
Avondale Environmental Limited, a landfill operator based in Thornton-Cleveleys, fell into administration last week, with James Stephen and Kerry Bailey of BDO appointed as joint administrators.

In accounts for the year to March 31 2024, the company reported turnover of £23.5 million, down from £33.4 million a year earlier, and cut its post-tax losses marginally from around £1.3 million to slightly under £1.1 million.

At the time, its fixed assets were valued at around £13.5 million and current assets at £35.9 million, with total equity amounting to approximately £30 million.

Multi Utility U.K. Limited - September 9
Multi Utility U.K. Limited, a utilities specialist based in Heywood, fell into administration last week, with James Miller and Gareth Harris of RSM UK appointed as joint administrators.

In accounts for the year to December 31 2023, the company’s fixed assets were valued at around £89,000 and current assets at £1.3 million, with total equity amounting to slightly over £153,000.

Premier Group Recruitment Limited - September 9
Premier Group Recruitment Limited, a Berkshire-based staffing business, fell into administration last week, with Rob Keyes and David Taylor of KRE Corporate Recovery appointed as joint administrators.

In accounts for the year to March 31 2024, the group’s turnover dropped from £29.7 million to slightly under £24 million, while it fell from a post-tax profit of around £742,000 to a loss of more than £363,000.

Its fixed assets at the time were valued at around £182,000 and current assets at £3.9 million, with total equity standing at slightly over £503,000.

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