TEC Partners Limited (05092052): administration
- Status
- In administration
- Administration began
- 2026-05-01
- Administrators
- James Miller, Lee Van Lockwood
- Administrators' firm
- RSM
- Formerly
- Bailey Group Limited; Abrs Group Limited
- Incorporated
- 2004-04-02
- Location
- Leeds
- Industry
- 70100 Activities of head offices
Why it went into administration
- HMRC / tax arrears
- Sustained trading losses
- Cash flow / liquidity pressure
From the administrators' statement
Relevant extracts from the Company’s financial statements and management accounts are summarised below. FY26 figures are taken from the Company’s February 2026 management accounts.
£000 Period ending FY23 FY24 FY25 FY26* Revenue 3,893 5,187 5,073 269 EBITDA 453 6 (108) (18) Net Assets 970 979 867 867
Administrators' statement of proposals (2026-05-15) · Companies House register