C.T. Hayton Limited (01212766): administration and why it failed

C.T. Hayton Limited (01212766): administration

Status: In administration
Administration began: 2024-10-21
Administrators: Gordon Thomson, Damian Webb
Administrators' firm: RSM
Incorporated: 1975-05-16
Location: London
Industry: 46140 Agents involved in the sale of machinery, industrial equipment, ships and aircraft

Why it went into administration

Creditor pressure / legal action
Rising costs / inflation

From the administrators' statement

Relevant extracts from the company’s draft and filed financial statements and management accounts are summarised below:

Period ending 30/11/2023 | 30/11/2022 Turnover 11,466,960 12,882,706 Gross profit 1,301,064 1,370,974 Net profit / loss (580,496) (145,928)

Administrators' statement of proposals (2025-04-22) · Companies House register

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