# National Timber Group Midco Limited (10887323)

> Why UK company 10887323 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/10887323

- **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- Funding withdrawn / unable to refinance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- Credit insurance / supplier credit withdrawn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:

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/10887323/filing-history/MzUwMDUzODg5M2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/10887323

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.