Tue, 05 May 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.
Press London Limited – April 28
Press London Limited, a London-based producer of cold-pressed juices, fell into administration in mid-April, with Marco Piacquadio and Rachel Ennis of FTS Recovery appointed as joint administrators.
In accounts for the year to December 31 2024, the company’s fixed assets were valued at around £61,000 and current assets at approximately £2.7 million. However, its net liabilities at the time exceeded £688,000.
Beaucrest Packaging Solutions Limited – April 28
Beaucrest Packaging Solutions Limited, a packaging supplier based in Birmingham, fell into administration last month, with Andrew Pear and Michael Solomons of Moorfields appointed as joint administrators.
In accounts for the year to December 31 2024, the company’s fixed assets were valued at around £462,000 and current assets at £2 million, while total equity amounted to approximately £913,000.
Surface Transforms PLC – April 28
Surface Transforms PLC, a Knowsley-based manufacturer of specialist brakes, fell into administration last month, with Michael Magnay, Jonathan Marston and Joanna Bull of Alvarez & Marsal appointed as joint administrators.
The company had filed a notice of intention to appoint administrators, suspended trading in its shares and announced it was putting itself up for sale in March 2026, following the loss of its biggest client.
In the year to December 31 2024, the company reported revenue of £8.2 million, up from £7.3 million a year earlier, but saw its operating losses increase from £20.5 million to £23.3 million.
At the time, its non-current assets were valued at £14.2 million and current assets at £11.2 million, with total equity standing at £10.3 million.
Scan-Thors (U.K.) Limited – April 29
Scan-Thors (U.K.) Limited, a furniture wholesaler based in Keighley, fell into administration last month, with Zane Collins of Rushtons Insolvency appointed as administrator.
In accounts for the year to December 31 2024, the company’s fixed assets were valued at £409,000 and current assets at £2.9 million, with net assets totalling £1.9 million.
Stephen Tyler Limited – April 29
Stephen Tyler Limited, a London-based jewellers, fell into administration last month, with Jeffrey Brenner and James Stares of Antony Batty & Company appointed as joint administrators.
In accounts for the year to June 30 2025, the company’s fixed assets were valued at around £240,000 and current assets at £1.5 million, with net assets totalling close to £614,000.
Directa Plus PLC – April 29
Directa Plus PLC, a London-based producer and supplier of graphene nanoplatelets-based products, fell into administration last week, with James Lumb and Howard Smith of Interpath appointed as joint administrators.
In accounts for the year to December 31 2024, the company posted revenue of £6.6 million, down from £10.5 million a year earlier, while pre-tax losses widened from £4.3 million to around £5.4 million.
At the time, its non-current assets were valued at £4.1 million and current assets at £11.7 million, with total equity amounting to £7.1 million.
Prime Brighton Limited – April 30
Prime Brighton Limited, a college in Brighton trading as Kings Brighton, fell into administration last month, with Stephen Katz and David Birne of BTG Begbies Traynor appointed as joint administrators.
In accounts for the year to December 31 2024, the company’s fixed assets were valued at £277,000 and current assets at around £2.6 million. However, its net liabilities stood at £2.2 million.
Envisics Holdings Limited – April 30
Envisics Holdings Limited, the holding company for the Envisics group, a Milton Keynes-based company developing AR-HUD solutions for the automotive industry, fell into administration last month, with Simon Carvill-Biggs and Geoffrey Rowley of FRP Advisory appointed as joint administrators.
In accounts for the year to December 31 2024, the company reported revenues of around £1.9 million, up from £1.1 million, while trimming its operating losses from £31 million to £26.8 million.
At the time, its fixed assets were valued at £7.1 million and current assets at £17.1 million, with net assets totalling £16.6 million.
Interface Polymers Limited – April 30
Interface Polymers Limited, a Leicestershire-based manufacturer of polymers, fell into administration last month, with John Harlow of John Harlow Insolvency and Corporate Recovery appointed as administrator.
In accounts for the year to April 30 2024, the company’s fixed assets were valued at around £2 million and current assets at approximately £3.6 million, with net assets totalling £4.2 million.
Plastic Energy Limited – May 1
Plastic Energy Limited, a London-based plastic recycling company, fell into administration last week, with Geoffrey Rowley and Patrick Donnan of FRP Advisory appointed as joint administrators. Rowley and Donnan were also appointed joint administrators of group holding company Plastic Energy Finco Limited.
In accounts for the year to December 31 2024, Plastic Energy Limited reported revenue of around £1.7 million, down from approximately £4 million a year earlier, while cutting its pre-tax losses from around £26.8 million to £21.3 million.
At the time, its non-current assets were valued at £7.4 million and current assets at £12.3 million, with net assets standing at £1.7 million.
Alternative Use Boston Projects Limited – May 1
Alternative Use Boston Projects Limited, a London-based energy from waste company, fell into administration last month, with Richard Rones of ThrontonRones appointed as administrator.
In accounts for the year to October 31 2024, the company’s current assets were valued at £6.3 million, but net liabilities amounted to more than £234,000.
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