Spectrum Tiles Ltd (10186725): administration and why it failed

Spectrum Tiles Ltd (10186725): administration

Status: Administration ended
Administration began: 2025-10-27
Administrators: Matthew Robert Haw, Christopher Ratten
Administrators' firm: RSM
Incorporated: 2016-05-18
Location: Manchester
Industry: 46180 Agents specialised in the sale of other particular products

Why it went into administration

Funding withdrawn / unable to refinance
Cash flow / liquidity pressure
Sustained trading losses
Creditor pressure / legal action
Competition / price pressure

From the administrators' statement

Relevant extracts from the company’s financial statements and management accounts are summarised below.

Management Accounts

Filed Statutory Accounts

Administrators' statement of proposals (2025-11-10) · Companies House register

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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
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Spectrum Tiles Ltd (10186725): administration

Why it went into administration

From the administrators' statement

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Spectrum Tiles Ltd (10186725)