National Timber Group Midco Limited (10887323): administration
- Status
- In administration
- Administration began
- 2025-11-26
- Administrators
- Jonathan Charles Marston, Michael John Magnay, Gemma Quinn
- Administrators' firm
- Alvarez & Marsal
- Formerly
- Cairngorm Acquisitions III Midco Limited; Aghoco 1564 Limited
- Incorporated
- 2017-07-27
- Location
- Brighton
- Industry
- 64202 Activities of production holding companies
Why it went into administration
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Sustained trading losses
- Credit insurance / supplier credit withdrawn
From the administrators' statement
The Company was incorporated on 27 July 2017. The Company’s name upon incorporation was AGHOCO 1564 Limited, but this was amended to Cairngorm Acquisitions II] Midco Limited, on 4 September 2017. The Company was subsequently renamed National Timber Group Midco Limited on 17 October 2018.
Funding and financial position of the Company
A Company balance sheet, as at 30 September 2025 (the most recent management accounts), is shown at Appendix 2. A summary of the Company’s financial performance for the period from 1 January 2022 onwards is shown below:
Administrators' statement of proposals (2026-01-23) · Companies House register