Booth Steel Stockholders Limited (01622724): administration
- Status
- In administration
- Administration began
- 2026-01-20
- Administrators
- James Ronald Lumb, Howard Smith
- Administrators' firm
- Interpath Advisory
- Incorporated
- 1982-03-17
- Location
- Leeds
- Industry
- 46720 Wholesale of metals and metal ores
Why it went into administration
- Cash flow / liquidity pressure
- Rising costs / inflation
- Energy costs
- Funding withdrawn / unable to refinance
- Creditor pressure / legal action
- Loss of a key customer, supplier or contract
- HMRC / tax arrears
- Parent or group failure
From the administrators' statement
The Company is a subsidiary of CFB which is the main trading entity and parent company of the Group that operates in the metals recycling and processing business, mainly based in Rotherham.
The Company does not have any employees although the Group employed 169 staff.
The Company entered administration following the administration of its parent company, CFB, given the financial and operational pressures shared across the Group. As a member of the same VAT group, the Company is jointly and severally liable for the VAT liabilities of the Group. The Company had insufficient resources to meet this liability. In addition, the
Administrators' statement of proposals (2026-03-05) · Companies House register