King Industries Limited (06497222): administration
- Status
- In administration
- Administration began
- 2025-05-13
- Administrators
- Robert Neil Dymond, Kris Anthony Wigfield
- Administrators' firm
- Begbies Traynor
- Formerly
- Richard King Utilities Limited
- Incorporated
- 2008-02-07
- Location
- Northampton
- Industry
- 02100 Silviculture and other forestry activities
Why it went into administration
- Loss of a key customer, supplier or contract
- Cash flow / liquidity pressure
- Creditor pressure / legal action
From the administrators' statement
The Company was incorporated on 7 February 2008 under the name Richard King Utilities Limited with the principal activities being silviculture, other forestry and engineering activities. The Company later changed its name to King Industries Limited on 20 February 2016. Its latter activities being the provision of civil engineering services to the construction and utilities industries.
Richard King and Timothy Paterson were both appointed as directors at the Company's inception, with Timothy Paterson resigning on 27 May 2016. Richard King’s son, Brendan King, was appointed as a director on 25 November 2019 but later resigned on 15 July 2022. Stephen Foster was appointed as a director on 2 April 2025 and remains a director today. On 30 April 2025, Richard King resigned as director and Brendan King was re-appointed.
The Company was dormant for a period of time from inception and commenced trading in 2018. Its key workstream was utilities support services specifically in the water industry, either as a Tier 1 (direct for the water company, such as Severn Trent) or as a Tier 2 for contractors working for the same client. The works included providing labour and plant for repairs, replacing and installing client infrastructure such as boundary boxes, leak repairs, and installing house connections from the water mains. In addition to these works, there was a second tier of works that undertook ‘one-off civil engineering schemes that were tendered and delivered in their entirety usually as Principal Contractor and occasionally as a Sub-Contractor.
Administrators' statement of proposals (2025-06-23) · Companies House register