MDRS Automotive LRS Limited (14384307): administration
- Status
- In administration
- Administration began
- 2026-08-28
- Administrators
- Kevin Pinkerton, Christopher David Horner
- Administrators' firm
- Robson Scott Associates
- Incorporated
- 2022-09-28
- Location
- Darlington
- Industry
- 45200 Maintenance and repair of motor vehicles
Why it went into administration
- Creditor pressure / legal action
From the administrators' statement
3.1 HM Revenue & Customs issued a winding-up petition on 13 April 2026. The director first approached BusinessRescueExpert on 6 May 2026. The Company formally engaged the firm on 18 May 2026 to review viability and advise the Board on restructuring and insolvency options, creditor and funder negotiations, potential purchaser discussions, possible working-capital funding, valuation and marketing, and the Administration application.
3.2 The Company explored funding with Together Commercial Finance Limited. The proposed amount was insufficient to discharge the liabilities that needed to be paid for the winding-up
petition to be dismissed. There was no committed working capital sufficient to trade safely through an extended Administration marketing period.
Administrators' statement of proposals (2026-09-25) · Companies House register