Range Cylinders Limited (16206043): administration
- Status
- In administration
- Administration began
- 2025-05-13
- Administrators
- Anthony Collier, Simon Farr
- Administrators' firm
- FRP Advisory
- Formerly
- Tlhwc Limited
- Incorporated
- 2025-01-24
- Location
- Manchester
- Industry
- 25290 Manufacture of other tanks, reservoirs and containers of metal
Why it went into administration
- Cash flow / liquidity pressure
- Loss of a key customer, supplier or contract
- Sustained trading losses
From the administrators' statement
Company Background and Transaction Overview
The Company was formally incorporated on 24 January 2025. Prior to its incorporation, the business operated as a division within the wider Kingspan organisation, Kingspan Water and Energy Limited. On 21 March 2025, the former owners undertook a corporate reorganisation, which resulted in a defined segment of its operations being carved out and transferred to Range Cylinders Limited . As part of this transaction, the Company acquired the business and assets of the relevant business unit and subsequently traded as Range Cylinders.
In connection with the acquisition, the Company granted OBS Finance fixed and floating charges over its investment interests. The charge was created on 21 March 2025 and subsequently registered on 25 March 2025.
Administrators' statement of proposals (2025-07-03) · Companies House register