LH Realisations Ltd (09231799): administration
- Status
- In administration
- Administration began
- 2026-06-22
- Administrators
- Michael John Gillard
- Administrators' firm
- Accountants G A Harris & Co
- Formerly
- Llyon Health Ltd; Mavind Care Limited
- Incorporated
- 2014-09-23
- Location
- Crewe
- Industry
- 87200 Residential care activities for learning difficulties, mental health and substance abuse
Why it went into administration
- HMRC / tax arrears
- Regulatory change or action
- COVID-19
- Creditor pressure / legal action
- Loss of a key customer, supplier or contract
From the administrators' statement
Creditors should note that, unless otherwise stated, this section of my proposals has been prepared based on information provided to me by the director of the Company and not from my personal knowledge as Administrator.
The Company was incorporated in 2014 as a health and social care provider. Like many health and social care providers, the Company was significantly affected by the Covid-19 pandemic and the prolonged operational consequences that followed. The Company was impacted by a poor CQC review in 2022 and struggled with staffing and staff retention generally. Recently, due to government changes to sponsorship visas, the Company has had much higher staff retention, which has led to improved quality of service and staff morale. This has been noted in the most recent CQC visit of 2024, which in the main considered the Company’s service provision to be good. This CQC rating led to an increase in turnover and better contracts.
The Company had fallen into arrears with HM Revenue & Customs (“HMRC”) in relation to PAYE, NICs, and VAT. This resulted in a winding-up petition being presented by HMRC for c£380,000, although the true indebtedness is expected to be c£460,000. The petition was served on the Company on 15 May 2026. Due to the director's application to Court for an Administration Order, the petition hearing was initially adjourned and on 22 June 2026 the Court ordered that the petition hearing be vacated due to the making of the Administration Order.
Administrators' statement of proposals (2026-07-08) · Companies House register