Allen Glenold Limited (01702360): administration and why it failed

Allen Glenold Limited (01702360): administration

Status: Administration ended
Administration began: 2025-10-15
Administrators: Tyrone Courtman, Gareth Harris
Administrators' firm: RSM
Incorporated: 1983-02-24
Location: Leicester
Industry: 46760 Wholesale of other intermediate products

Why it went into administration

Cash flow / liquidity pressure
Loss of a key customer, supplier or contract

From the administrators' statement

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

Year ending 31.03.2024 31.03.2025

(filed) (£) (draft) (£) Turnover 951,844 1,116,558 Gross profit 265,012 480,409 Net profit / loss 14,667 (85,510) Dividend paid (54,983) Nil

Administrators' statement of proposals (2025-12-10) · Companies House register

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