Ourea Events Limited (07631097): administration and why it failed

Ourea Events Limited (07631097): administration

Status: In administration
Administration began: 2026-03-17
Administrators: Jonathan Roden, Nick Wilson, Philip Stephenson
Administrators' firm: Grant Thornton
Formerly: Ourea Ltd.
Incorporated: 2011-05-11
Location: Manchester
Industry: 82301 Activities of exhibition and fair organisers

Why it went into administration

COVID-19
Rising costs / inflation
Weak consumer demand
Sustained trading losses
Brexit

From the administrators' statement

Nature of the Company’s business

The Company was incorporated on 11 May 2011. The trading activities of the Company were the organisation of ultra-marathon trail running events. There were 11 employees.

Causes of the Company’s financial distress

Administrators' statement of proposals (2026-05-15) · Companies House register

Dig into any UK company's accounts

Search a company to fetch every set of accounts it has filed at Companies House, from incorporation to the latest filing. Tagged (iXBRL) accounts are read directly. Older scanned PDF accounts are read with OCR (optical character recognition).

Profit & loss: revenue, margins and profit, year by year
Balance sheet: assets, liabilities, working capital and net assets
Cash flow: operating, investing and financing flows and free cash flow
Groups: consolidated figures are used when a group files group accounts