Thomas Storey Fabrication Limited (16277173): administration
- Status
- In administration
- Administration began
- 2026-01-14
- Administrators
- Richard Cole, Steve Kenny
- Administrators' firm
- KBL Advisory
- Formerly
- Heywood Distribution Ltd
- Incorporated
- 2025-02-26
- Location
- Sale
- Industry
- 25110 Manufacture of metal structures and parts of structures
Why it went into administration
- Parent or group failure
From the administrators' statement
KBL Advisory Limited were contacted by the Company’s Finance Director to discuss the financial position and the insolvency options available to the Company on 9 January 2026. Following a discussion of the available options the Company instructed KBL to assist with placing the Company into Administration. In conjunction with these discussions and given that the Company’s financial position was no longer tenable, the Company vacated the trading premises and surrendered the keys to the leaseholder, being TSFGL — In Administration.
The Notice of Intention to Appoint an Administrator was filed in Court on the 13 January 2026 and was served on the debenture holders; Thomas Storey Fabrication Group Limited (In Administration), Baaj Finance Limited and Cynergy Business Finance Limited (“Cynergy”). Following engagement with the debenture holders, the relevant consent was obtained that they had no objection to the Company being placed into Administration. On 14 January 2026, Richard Cole and Steve Kenny of KBL Advisory Limited were appointed Joint Administrators of the Company following the filing of a Notice of Appointment of Administrators by the Director of the Company.
No Moratorium under Part A1 of the Act has been in force for the Company at any time within the period of 2 years ending with the day on which it entered Administration.
Administrators' statement of proposals (2026-03-17) · Companies House register