Quick Reach Powered Access Ltd (08985825): administration
- Status
- In administration
- Administration began
- 2025-05-08
- Administrators
- Michael John Magnay, Gemma Quinn
- Administrators' firm
- Alvarez & Marsal
- Incorporated
- 2014-04-08
- Location
- Brighton
- Industry
- 77320 Renting and leasing of construction and civil engineering machinery and equipment
Why it went into administration
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Sustained trading losses
- Supply chain disruption
- Competition / price pressure
From the administrators' statement
The Company was incorporated on 8 April 2014 and commenced trading shortly thereafter. The Company is a wholly owned subsidiary of Quick Reach Holdings Ltd (“QRH”). The Company was founded by two brothers, John and David Barton. In March 2019, Mercia acquired a 48% stake in the Company.
The Company’s main operations are the provision and rental of specialist powered access and lifting equipment. The Company services a diverse customer base, predominantly operating in the industrial and construction sectors.
The Company operated nationally from four leasehold depots based in Eccles (Manchester), Teesside, Glasgow and West Bromwich. These depots predominantly served as storage locations for those assets available to customers as well as service centres for assets to be repaired. In addition to the depots, the Company operated from a head office function in Halifax, where central services were located.
Administrators' statement of proposals (2025-07-08) · Companies House register