Weflex Ltd (09704423): administration
- Status
- In administration
- Administration began
- 2026-04-13
- Administrators
- Anthony John Wright, David Paul Hudson, Patrick Donnan
- Administrators' firm
- FRP Advisory
- Formerly
- Mufi Ltd
- Incorporated
- 2015-07-27
- Location
- London
- Industry
- 77110 Renting and leasing of cars and light motor vehicles
Why it went into administration
- Regulatory change or action
From the administrators' statement
A Notice of Intention to appoint Administrators was filed at Court on 2 April 2026 and served on Lendnet and Richard Munton (as security trustee), as the holdesr of floating charge security, on the same date.
The Lenders were regularly appraised of the Company’s situation in the weeks preceding the Company entering Administration.
Prior to the appointment of Administrators, FRP’s primary duty of care was to the Company. This included consideration of the directors’ fiduciary duties to act in the overall best interest of the Company and its creditors. Until the appointment of Administrators, the directors continued to be responsible for the Company and its affairs, and neither FRP nor its insolvency practitioners advised the directors personally, or any parties interested in purchasing the business and assets of the Company.
Administrators' statement of proposals (2026-06-20) · Companies House register