Tue, 14 Jul 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.
Horizon Legal Limited – July 7
Horizon Legal Limited, a Pontypridd-based litigation funder, fell into administration earlier this month, with Damian Webb and Joe Barry of RSM UK Restructuring Advisory appointed as joint administrators.
In accounts for the year to December 31 2024, the company reported turnover of around £4.2 million, down from approximately £7.4 million a year earlier, but saw operating profits rise slightly from £1.15 million to around £1.2 million.
At the time, its current assets were valued at close to £17.4 million, with total equity standing at £4.5 million.
Optima Manufacturing Jewellers Limited – July 7
Optima Manufacturing Jewellers Limited, a Birmingham-based jewellery manufacturer, fell into administration at the end of June, with Mehmet Arkin of Arkin & Co appointed as administrator.
In accounts for the year to September 30 2024, the company’s fixed assets were valued at close to £398,000 and current assets at £1.4 million, but net liabilities exceeded £3.7 million.
Boss Powerboats Limited and Urban Powerboat Services Limited – July 7
Boss Powerboats Limited and Urban Powerboat Services Limited, a pair of boat manufacturers based in New Milton, fell into administration earlier this month, with Michael Roome and Jamie Playford appointed as joint administrators.
In accounts for the period ending September 30 2025, Boss Powerboats Limited’s fixed assets were valued at around £1.2 million and current assets at £1.4 million, with net assets amounting to approximately £112,000.
In the period ending August 31 2024, meanwhile, Urban Powerboat Services Limited’s fixed assets were valued at £1.2 million and current assets at £1.4 million, with net assets amounting to just £360.
Alderley Partnerships (2019) Limited – July 7
Alderley Partnerships (2019) Limited, a construction developer based in London, fell into administration at the beginning of this month, with Constantinos Pedhiou and Yiannis Koumettou of BTG Begbies Traynor appointed as joint administrators.
In accounts for the year to April 30 2024, the company’s fixed assets were valued at slightly over £78,000 and current assets at around £5.8 million, with total equity amounting to £1.5 million.
No. 8 Sound & Vision Limited – July 8
No. 8 Sound & Vision Limited, a creative post-production company based in London, fell into administration earlier this month, with Peter Wastell and William Turner of Verulam Advisory appointed as joint administrators.
In accounts for the year to December 31 2024, the company’s fixed assets were valued at approximately £899,000 and current assets at £1.6 million, with net assets totalling around £912,000.
Safe Dig Utilities Limited – July 8
Safe Dig Utilities Limited, a telecommunications and civil engineering infrastructure firm based in Essex, fell into administration earlier this month, with Nick Edwards and Graham Bushby of RSM UK Restructuring Advisory appointed as joint administrators.
In accounts for the year to January 31 2025, the company’s fixed assets were valued at £5.7 million and current assets at slightly over £600,000, while net assets totalled approximately £1.5 million.
Alchemy Exchange Limited – July 8
Alchemy Exchange Limited, a data processing company based in London, fell into administration earlier this month, with Rachel Ennis and Marco Piacquadio 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 £15,000 and current assets at £2.5 million, with net assets totalling slightly over £218.000.
Qube Structures Limited – July 8
Qube Structures Limited, a modular building company based in Northampton, fell into administration at the end of last month, with Kevin Weir of Hudson Weir appointed as administrator.
In accounts for the year to March 31 2025, the company’s fixed assets were valued at around £245,000 and current assets at approximately £2 million, with net assets totalling roughly £84,000.
Trans Haul (Europe) Limited – July 8
Trans Haul (Europe) Limited, a freight transport company based in Dunstable, fell into administration earlier this month, with Neil Money and Steven Glanvill of CBA Business Solutions appointed as joint administrators.
In accounts for the year to December 31 2024, the company’s fixed assets were valued at around £748,000 and current assets at £4.3 million, while net assets totalled slightly over £634,000.
Ruthin Education Limited – July 9
Ruthin Education Limited, the trading company behind the private Ruthin School in Denbighshire, fell into administration last week, with Philip Watkins and Simon Farr of FRP Advisory appointed as joint administrators.
In accounts for the period ending August 31 2024, the company’s fixed assets were valued at approximately £10.3 million and current assets at £1.4 million, while total equity amounted to £5.3 million.
Flower & Hayes Limited – July 9
Flower & Hayes Limited, a property developer based in Bristol, fell into administration earlier this month, with Mark Boughey and Nicholas Clarke of Forvis Mazars appointed as joint administrators.
In accounts for the year to November 30 2022, the company’s fixed assets were valued at around £9.8 million and current assets at £22.9 million, with net assets totalling approximately £17 million.
Total Waste Management Limited – July 9
Total Waste Management Limited, an Essex-based waste management company specialising in the recycling and recovery of ferrous and non-ferrous metals, general waste and end-of-life vehicles, fell into administration earlier this month, with Rachel Ennis and Marco Piacquadio of FTS Recovery appointed as joint administrators.
In accounts for the year to March 31 2025, the company reported turnover of around £41.5 million, down from £61.3 million a year earlier, but increased its operating profit from around £395,000 to slightly over £590,000.
At the time, its fixed assets were valued at approximately £10.2 million and current assets at £6 million, with net assets amounting to £1.3 million.
MTF Enterprises Limited – July 10
MTF Enterprises Limited, a bike and E-bike supplier trading as E-Bikes Direct, fell into administration last week, with Glyn Mummery and Julie Humphrey of FRP Advisory appointed as joint administrators.
In accounts for the year to January 31 2025, the company’s fixed assets were valued at around £82,000 and current assets at £3.2 million, with net assets totalling slightly over £936,000.
Education & Clinical Research & Innovation Group Limited – July 10
Education & Clinical Research & Innovation Group Limited, a Worcestershire-based pet care business trading as Garden Vets, fell into administration earlier this month, with Frank Ofonagoro and Gary Lee of Opus Restructuring appointed as joint administrators.
In accounts for the year to September 30 2024, the company’s fixed assets were valued at £3.3 million and current assets at £1.5 million. However, net liabilities at the time exceeded £4.4 million.
Friarwood Fine Wines Limited – July 10
Friarwood Fine Wines Limited, a London-based wine shop, fell into administration earlier this month, with William Batty and Hugh Jesseman of Antony Batty & Company appointed as joint administrators.
In accounts for the year to March 31 2025, the company’s fixed assets were valued at close to £44,000 and current assets at £2.5 million, while total equity amounted to slightly over £319,000.
Eldens Finance Limited – July 13
Eldens Finance Limited, a London-based financial boutique specialising in secured loans backed by luxury assets, fell into administration last week, with William Batty and Hugh Jesseman of Antony Batty & Company appointed as joint administrators.
In accounts for the year to October 31 2023, the company’s fixed assets were valued at approximately £44,000 and current assets at £7.4 million, with net assets amounting to slightly more than £35,000.
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