TKS Realisations Limited (01121668): administration
- Status
- In administration
- Administration began
- 2026-01-20
- Administrators
- Gareth David Wilcox, Trevor John Binyon
- Administrators' firm
- Opus Restructuring
- Formerly
- Toye, Kenning & Spencer Limited; Toye Securities Limited
- Incorporated
- 1973-07-09
- Location
- Milton Keynes
- Industry
- 13200 Weaving of textiles
From the administrators' statement
Opus was introduced to the Company on 10 October 2025 by Tamzen Consulting, who had been providing the Company with consultancy advice in view of its current position. This introduction led to a meeting being scheduled with the directors on 22 October 2025, at which point the position of the Company was discussed. Subsequently, further ad hoc discussions and meetings were held to discuss the Company’s financial status and advise on the options available for the Company, as it was deemed to be insolvent.
Opus were formally engaged to assist with placing the Company into Administration and marketing the business and assets of the Company for sale on 4 November 2025 by way of a signed letter of engagement. Opus had minimal involvement with the Company in the interim period between the contact with the board of Directors, and the issuing and signing of the letter of engagement. By and at large, Opus have remained at arm’s length until being formally instructed, maintaining their independence.
Additional detail concerning the background to the administration was included in the Joint Administrators’ initial notification to creditors, which was circulated on 27 January 2026, a copy of which is included at Appendix IV.
Administrators' statement of proposals (2026-02-02) · Companies House register