Vesta Asset Management Ltd (06807797): administration
- Status
- In administration
- Administration began
- 2026-02-06
- Administrators
- Philip Lawrence, Gareth Howarth
- Administrators' firm
- Path Business Recovery
- Formerly
- Vesta Consultancy Ltd
- Incorporated
- 2009-02-02
- Location
- Manchester
- Industry
- 55900 Other accommodation
Why it went into administration
- Sustained trading losses
- Regulatory change or action
From the administrators' statement
3.1 In 2025, the Company’s pressures increased further due to anticipated regulatory changes (Renters’ Reform Bill) which required specific work to be carried out on the properties to ensure they were compliant. This generated additional costs for the business. In the last couple of years, the Company experienced a decline in its financial performance. Its annual turnover decreased
3.2
3.3
Administrators' statement of proposals (2026-04-15) · Companies House register