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Uniblock Ltd (10374520): administration

Status
Administration ended
Administration began
2025-09-30
Administrators
Gareth David Wilcox, Jack Callow
Administrators' firm
Opus Restructuring
Incorporated
2016-09-14
Location
Milton Keynes
Industry
43290 Other construction installation

Why it went into administration

From the administrators' statement

The Company’s decline can be attributed to a series of strategic challenges, external market pressures, and unsuccessful investment initiatives over a sustained period.

The Company’s business operations were established in the period to late 2018 when the significant investment was secured. The premises lease commenced in late 2017 and investment in production machinery followed shortly thereafter. Producing product of required trading standard was also an achieved milestone in this period, as well as securing the significant investment.

The strategy and rationale for the investment secured was a ‘supply chain’ integration approach to use ICF in the investors own newbuild developments, specifically apartment blocks. However, regulatory changes and internal operational issues prevented this plan from being implemented. A subsequent pivot into housebuilding also failed to deliver results, with the impact of the COVID-19 pandemic further weakening demand in the newbuild housing sector. In 2021, the business adopted a digital marketing strategy, which involved purchasing targeted marketing group data and recruiting business development expertise, but this too was unsuccessful in generating meaningful sales.

Administrators' statement of proposals (2025-10-08) · Companies House register

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Uniblock Ltd (10374520)

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