Tue, 07 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.
Regency Factors Limited and Regency Trade Finance Limited – June 30
Regency Factors Limited and Regency Trade Finance Limited, an invoice solutions company based in Bury, fell into administration last month, with Geoffrey Rowley and Patrick Donnan of FRP Advisory appointed as joint administrators.
In accounts for the year to December 30 2023, Regency Factors Limited’s fixed assets were valued at around £80,000 and current assets at £14.5 million, with total equity of approximately £4.9 million.
For the same period, Regency Trade Finance Limited’s current assets were valued at approximately £18.6 million, but sizeable amounts owed to creditors meant that total equity amounted to slightly over £1 million.
Isosceles DM 123 Limited – June 30
Isosceles DM 123 Limited, formerly trading as Six Degrees Holdings Limited, the holding company for managed cloud services provider Six Degrees Group, fell into administration last week, with Richard Harrison and William Wright of Interpath Advisory appointed as joint administrators.
In accounts for the year to March 31 2024, while still trading as Six Degrees Holdings Limited, the company reported turnover of around £37.4 million, up from £36.7 million a year earlier, while recovering from an operating loss of more than £307,000 to a profit of £125,000.
At the time, its fixed assets were valued at around £74.7 million and current assets at £17.2 million, with net assets totalling approximately £79.6 million.
Mission Digital Limited – July 2
Mission Digital Limited, a London-based film production company, fell into administration last week, 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 £1.1 million and current assets at around £144,000, but net liabilities totalled around £368,000.
Forest Hill Golf Club Limited – July 2
Forest Hill Golf Club Limited, a golf club operator based in London, fell into administration last month
In accounts for the year to May 31 2025, the company’s fixed assets were valued at £6.6 million and current assets at £178,000, with net assets totalling slightly more than £210,000.
Rena Leisure Services Limited – July 2
Rena Leisure Services Limited, a Harrow-based leisure centre operator, fell into administration last week, with Edward Avery-Gee and Daniel Richardson of CG&Co appointed as joint administrators.
In accounts for the year to July 31 2024, the company’s fixed assets were valued at slightly over £51,000 and current assets at £1.4 million, while net assets totalled approximately £373,000.
RPA1 Limited – July 2
RPA1 Limited, a company that acquires and leases newly-built affordable homes, fell into administration last week, with James Tucker and Stephen Absolom of Interpath Advisory appointed as joint administrators.
In accounts for the year to December 31 2023, the company reported turnover of £3.3 million, up from around £2.7 million a year earlier, while operating profit rose from £1.2 million to £1.6 million.
At the time, its fixed assets were valued at £103.3 million and current assets at £2.5 million. However, net liabilities stood at £6.8 million.
BGL Contracts Limited – July 2
BGL Contracts Limited, an electrical fitout and maintenance company based in Glasgow, fell into administration last week and ceased trading after facing “insurmountable challenges” that meant it was unable to meet its financial obligations as they fell due.
Administrators for the company are now seeking buyers for the business and assets.
In accounts for the year to July 31 2025, the company’s assets were valued at £1.7 million, with net assets totalling approximately £287,000.
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Dual Seal Glass Limited – July 3
Dual Seal Glass Limited, a Huddersfield-based glass merchant, fell into administration last week, with Sean Williams and Phil Deyes of Leonard Curtis appointed as joint administrators.
In accounts for the year to December 31 2023, the company reported turnover of around £16.3 million, compared to approximately £10.8 million in the period from June 1 2022 to December 31 2022, while operating losses increased from approximately £20,000 to £1.2 million.
At the time, its fixed assets were valued at £614,000 and current assets at £8.1 million, while net assets totalled around £6 million.
Cadence (2026) Number 1 Limited – July 3
Cadence (2026) Number 1 Limited, a cycling apparel brand trading as Le Col, fell into administration last month, with Alastair Massey and Anthony Wright of FRP Advisory appointed as joint administrators.
In accounts for the year to December 29 2024, the company reported turnover of around £11.9 million, down from approximately £12.5 million a year earlier, while operating losses widened from £2.4 million to £3.1 million.
At the time, its fixed assets were valued at around £450,000 and current assets at £4.1 million, but net liabilities exceeded £1.2 million.
Gortrush Food Services Limited – July 3
Gortrush Food Services Limited, a County Tyrone-based food wholesaler, fell into administration last week, with Scott Murray and Ian Davison of Keenan Corporate Finance appointed as joint administrators.
In accounts for the year to October 31 2024, the company’s fixed assets were valued at £319,556 and current assets at close to £2 million, while net assets totalled approximately £320,000.
L Burridge Limited – July 3
L Burridge Limited, a commercial cleaning services provider trading as ecoSense, fell into administration last week, with Andrew Johnson, Matthew Callaghan and Oliver Wright of FTI Consulting appointed as joint administrators.
In accounts for the year to May 31 2025, the company reported turnover of around £14.9 million, up from approximately £13 million a year earlier, but operating profits fell from around £176,000 to £116,000.
At the time, its fixed assets were valued at £297,000 and current assets at £2.9 million, while total equity amounted to just £713.
SL Realisations 2026 Limited – July 6
SL Realisations 2026 Limited, a West Midlands-based manufacturer of theme park attractions trading as Simworx, fell into administration last month, with Gareth Prince and Mark Malone of BTG Begbies Traynor appointed as joint administrators.
In accounts for the year to December 31 2024, when still trading as Simworx Limited, the company fixed assets were valued at around £115,000 and current assets at £3.2 million, but net liabilities exceeded £1.8 million.
Lightsense Technologies Limited – July 6
Lightsense Technologies Limited, a laser tattoo removal technology company, fell into administration last month, with Emma Mifsud and Mark Ranson of Opus Restructuring appointed as joint administrators.
In accounts for the year to December 31 2025, the company;s fixed assets were valued at around £19,000 and current assets at approximately £8.8 million, with net assets totalling £7.2 million.
Phosters (FM) Limited – July 6
Phosters (FM) Limited, a West Midlands-based facilities management company, 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 December 31 2024, the company reported turnover of around £29.5 million, down from £39.8 million a year earlier, while falling from an operating profit of £2.4 million to a loss of £1.9 million.
At the time, its fixed assets were valued at around £91,000 and current assets at £8.2 million, with net assets totalling £1.4 million.
Equinox Maintenance Limited – July 6
Equinox Maintenance Limited, a computer repair company based in Tewkesbury, fell into administration last week, with Joph Young and Elizabeth Welch of Leonard Curtis appointed as joint administrators.
In accounts for the year to August 31 2025, the company’s fixed assets were valued at around £123,000 and current assets at approximately £3.4 million, but net liabilities stood at £732,000.
Logbook Lending Limited – July 6
Logbook Lending Limited, a logbook loans company based in Borehamwood, fell into administration last week, with Adam Shama, Paul Appleton and Robert Ferne of BTG Begbies Traynor appointed as joint administrators.
In accounts for the year to December 31 2024, the company’s current assets were valued at £7.5 million, while net assets totalled around £217,000.
Effective Homes Limited – July 6
Effective Homes Limited, a solar power systems supplier based in Doncaster, fell into administration last month, with Simon Knight and Syed Aziz of Jeremy Knight & Co appointed as joint administrators.
In accounts for the year to March 31 2025, the company reported turnover of around £22.7 million, down from approximately £27.8 million a year earlier, while operating losses widened from around £67,000 to more than £772,000.
At the time, its fixed assets were valued at around £111,000 and current assets at £4.7 million, while net liabilities stood at more than £5.6 million.
Zeal Global Maritime Solutions Limited and Zeal Global Maritime Solutions WAF Limited – July 6
Zeal Global Maritime Solutions Limited and Zeal Global Maritime Solutions WAF Limited, part of global risk management and operational support provider Zeal Global, fell into administration last week, with Louise Williams and Luke Brough of Opus Restructuring appointed as joint administrators.
In accounts for the year to March 30 2025, Zeal Global Maritime Solutions Limited’s fixed assets were valued at around £267,000 and current assets at £1.8 million, while net assets totalled slightly over £319,000.
In the year to March 31 2025, Zeal Global Maritime Solutions WAF Limited’s fixed assets were valued at around £359,000 and current assets at £5.5 million, with total equity amounting to approximately £2.9 million.
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