# The Meat Guyz Ltd (16155586)

> Why UK company 16155586 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/16155586

- **Status:** In administration
- **Administration began:** 2025-12-04
- **Administrators:** Paul Atkinson, Nedim Patrick Ailyan
- **Administrators' firm:** FRP Advisory
- **Incorporated:** 2024-12-30
- **Location:** Orpington
- **Industry:** 46320 Wholesale of meat and meat products

## Why it went into administration

- Property / lease costs

## From the administrators' statement

The Company was incorporated at Companies House on 30 December 2024, for the purpose of acquiring and operating a wholesale meat and meat products business. The Company entered into an agreement to purchase certain of Rox Meat Limited’s assets for a total consideration of £600k (“the First Agreement”). The Company operated from premises in South East London.

Under the terms of the First Agreement, the consideration of £600k was to be paid over two instalments of £300k each, with the first instalment payable on 6 January 2025 and the second payment due on 6 July 2025. The first instalment was duly paid by the Company.

Prior to the settlement of the second instalment, the parties entered into a substantive Variation Agreement dated 4 July 2025. Under the revised agreement, the remaining £300k due to Rox Meat Limited was to be offset against £177k owed by Rox Meat Limited to the Company, leaving a net balance of £122k payable. The Variation Agreement required an immediate payment of £75k on completion of the agreement, with two further equal instalments of £37.5k due on 30 September 2025 and 31 October 2025.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/16155586/filing-history/MzQ5ODI0NzE0MGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/16155586

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