Flower & Hayes Limited (00167547): administration
- Status
- Administration ended
- Administration began
- 2026-07-02
- Administrators
- Mark Guy Boughey, Nicholas John Clarke
- Administrators' firm
- Mazars
- Incorporated
- 1920-05-18
- Location
- London
- Industry
- 41201 Construction of commercial buildings
Why it went into administration
- Funding withdrawn / unable to refinance
- Creditor pressure / legal action
- HMRC / tax arrears
From the administrators' statement
Flower & Hayes Limited was incorporated in 1920 and forms part of a group of seven companies involved in property ownership, investment and development activities. The Company operated primarily as a property holding entity and held a number of investment properties, development land and sites identified for future development or sale.
The Company previously had 12 employees who were subject to a Transfer of Undertakings (Protection of Employment) (“TUPE”) transfer to a connected company on 1 July 2026.
The Company experienced financial difficulties following issues arising on a residential development at Estune Business Park, Bristol. The Company had funded development works and anticipated repaying borrowing from proceeds generated by property sales. The Company had financed the development at a cost of approximately £1,300,000. However, the discovery of a historic covenant affecting title to a number of the completed properties delayed completion of the transactions and the anticipated receipt of sale proceeds.
Administrators' statement of proposals (2026-08-10) · Companies House register