Riley & Shutt (Tools) Limited (00930168): administration
- Status
- In administration
- Administration began
- 2025-11-18
- Administrators
- Lisa Marie Moxon, Christopher Benjamin Barrett
- Administrators' firm
- Dow Schofield Watts Business Recovery
- Incorporated
- 1968-04-05
- Location
- Warrington
- Industry
- 42990 Construction of other civil engineering projects n.e.c.
Why it went into administration
- Supply chain disruption
- Cash flow / liquidity pressure
- HMRC / tax arrears
- Creditor pressure / legal action
- Competition / price pressure
From the administrators' statement
The Company was incorporated in 1968 as a supplier of CNC tooling and industrial supply products and traded from leasehold premises in Accrington. The services provided include programming, tool trials, machine strategy and 24/7 interactive tool vending systems.
In late 2023, the Company began to experience cash flow difficulties when two of the largest procurement companies in the tooling sector entered formal insolvency proceedings. As a consequence, companies across the tooling supply chain began to amend credit terms for customers including the Company. This resulted in cash flow challenges.
A summary of the Company’s recent trading performance is shown below.
Administrators' statement of proposals (2026-01-20) · Companies House register