Tue, 17 Mar 2026 | 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.
Blackpole Recycling Limited – March 10
Blackpole Recycling Limited, a recycling company based in Worcester, fell into administration earlier this month, with Mark Blackman and Michael Lennon of KR8 appointed as joint administrators.
The administration comes after a court had granted an application for a restriction order preventing access to the company’s site over illegal waste dumping.
The Environment Agency initially issued the firm with a suspension notice on February 17 2026 due to piles of waste exceeding safe limits and a failure to maintain fire breaks. However, subsequent inspections found that new waste had been added to the site in the wake of this.
In accounts for the year to August 31 2024, the company’s fixed assets were valued at approximately £2.5 million and current assets at around £1.3 million, with net assets totalling £1.6 million.
Lowe Riser Pod Limited – March 10
Lowe Riser Pod Limited, a Chorley-based manufacturer of construction risers, fell into administration earlier this month, with Andrew Ryder of JT Maxwell appointed as administrator.
In accounts for the year to June 30 2024, the company’s fixed assets were valued at around £822,000 and current assets at £1 million, with net assets totalling approximately £357,000.
Quicks Archery Limited – March 11
Quicks Archery Limited, a specialist archery retailer based in Halifax, fell into administration earlier this month, with Jonathan Philmore of Philmore & Co appointed as administrator.
In accounts for the year to September 30 2024, the company’s fixed assets were valued at around £121,000 and current assets at £1.5 million, with total equity amounting to slightly over £353,000.
360GlobalNet Limited – March 11
360GlobalNet Limited, a Surrey-based provider of “No Code” technology primarily focusing on the insurance sector, fell into administration in early March, with Julie Humphrey and Daniel Conway of FRP Advisory appointed as joint administrators.
In accounts for the year to December 31 2023, the company reported revenue of £12.6 million, up from around £10.7 million a year earlier, but saw post-tax losses widen from approximately £3.5 million to £13.1 million.
At the time, its non-current assets were valued at £6.4 million and current assets at £3.2 million, but net liabilities amounted to £17 million.
Bridgman IBC Limited – March 11
Bridgman IBC Limited, a Hartlepool-based door manufacturer, fell into administration earlier this month, with Robert Maxwell and Ian Royle of BTG Begbies Traynor appointed as joint administrators.
In accounts for the year to March 31 2025, the company’s fixed assets were valued at £2.2 million and current assets at around £1.4 million, with net assets totalling £1.6 million.
A To Z Packaging Limited – March 11
A To Z Packaging Limited, a Harlow-based wholesale supplier of food and beverage packaging, fell into administration in early March, with Martin Armstrong and Andrew Bailey of Turpin Barker Armstrong appointed as joint administrators.
In accounts for the year to March 31 2024, the company, then trading as 4 Aces Limited, reported turnover of around £18.1 million, up from £16.1 million the previous year, while operating profits increased from around £369,000 to just under £814,000.
At the time, its fixed assets were valued at around £291,000 and current assets at approximately £11 million, with net assets totalling £1.7 million.
Ethos Group Holdings Limited and Ethos Communication Solutions Limited – March 12
Ethos Group Holdings Limited and Ethos Communication Solutions Limited, a Hertfordshire-based managed IT services group, fell into administration at the beginning of the month, with Philip Watkins and Philip Armstrong of FRP Advisory appointed as joint administrators of both companies.
In accounts for the year to May 31 2023, Ethos Group Holdings Limited reported turnover of around £28.2 million, down from approximately £30.6 million a year earlier, but recovered from an operating loss of around £1.1 million to a profit of over £367,000.
At the time, its fixed assets were valued at around £14.3 million and current assets at approximately £10.1 million, with net assets amounting to around £1.3 million.
In accounts for the year to May 31 2024, Ethos Communication Solutions Limited reported turnover of £16.5 million, down from £18.5 million a year earlier, while operating profits fell from £2 million to £541,000. Its fixed assets were valued at £140,000 and current assets at £23.2 million, with net assets totalling £9.2 million.
M8 Trading Limited – March 13
M8 Trading Limited, a Blackburn-based solicitors trading as AWH Solicitors and previously called AWH Legal Limited, fell into administration at the beginning of the month, with Andrew Hosking of Quantuma Advisory and Dean Watson of BTG Begbies Traynor appointed as joint administrators.
In accounts for the year to December 31 2023, the company, then trading as AWH Legal Limited, reported turnover of £3.2 million, down from £5.3 million, while operating profits fell from around £426,000 to £70,537.
At the time, the company’s total assets were valued at approximately £8 million, while net assets totalled around £2.5 million.
Twinwin Limited – March 13
Twinwin Limited, a London-based finance company, fell into administration earlier this month, with Paul Allen and David Hudson of FRP Advisory appointed as joint administrators.
Twinwin is allegedly a related borrower of bridging lender Market Financial Solutions (MFS), which recently entered administration amid claims of fraud. Court filings claim that Twinwin was used to borrow money from MFS funding vehicles against the same properties other borrowers had mortgaged.
According to the claims, some of these transactions used loan documents supposedly drafted by lawyers who said they had never seen them before. Twinwin was also alleged to have skimmed off profit by charging higher interest rates to end clients than it was paying on loans assigned to the funding vehicles, with mortgage repayments reportedly siphoned off.
In accounts for the year to December 31 2024, Twinwin Limited’s current assets were valued at £157.3 million, with total equity amounting to around £732,000.
HMS (883) Limited – March 13
HMS (883) Limited, a Glasgow-based restaurant operator, fell into administration earlier this month, with Gordon Thomson and Gareth Harris of RSM Restructuring Advisory appointed as joint administrators.
In accounts for the year to June 30 2024, the company’s fixed assets were valued at £2.3 million and current assets at £203,000, with net assets amounting to slightly over £231,000.
Access Community Trust – March 16
Access Community Trust, a homelessness charity in Suffolk, fell into administration last week, with Richard Bloomfield, Christopher McKay and Philip Reynolds of FRP Advisory appointed as joint administrators.
In accounts for the year to March 31 2025, the company reported total income of £6.1 million, with fund balances of around £218,000 at the end of the period, compared to approximately £493,000 in the preceding 15 month period.
At the time, its fixed assets were valued at £1.5 million and current assets at approximately £211,000, with net assets of £218,000.
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