AGP Realisations 2026 PLC (01277785): administration
- Status
- In administration
- Administration began
- 2026-05-01
- Administrators
- Edward Williams, Ross David Connock
- Administrators' firm
- PwC
- Formerly
- Airsprung Group PLC; Airsprung Furniture Group PLC; Airsprung Group PLC; Trushelfco (No. 87) Limited
- Incorporated
- 1976-09-17
- Location
- Leeds
- Industry
- 70100 Activities of head offices
Why it went into administration
- Weak consumer demand
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Loss of a key customer, supplier or contract
- Rising costs / inflation
- Funding withdrawn / unable to refinance
- Pension deficit
- Competition / price pressure
From the administrators' statement
AGP is the parent company of the Group, a long-established UK manufacturer of beds, mattresses and upholstered furniture based in Trowbridge, Wiltshire. Following the acquisition of AGP by Portnard, AGP’s shares were delisted from the Alternative Investment Market on 16 December 2011.
AGP’s principal activities comprised the provision of head office functions for its subsidiary companies and the operation of the “Arena”, an integrated design and marketing agency which served the Group and its own external portfolio of clients.
AFL was the principal trading subsidiary of AGP and has conducted the Group's manufacturing and trading operations since 1980. Historically, the Airsprung brand had been one of the UK's major bed manufacturers, establishing a significant presence across the bed and mattress sectors. AFL's operations included the manufacture of beds, mattresses, headboards, upholstered furniture and
Administrators' statement of proposals (2026-07-03) · Companies House register