# HSL Realisations 2026 Limited (16592585)

> Why UK company 16592585 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/16592585

- **Status:** In administration
- **Administration began:** 2026-03-04
- **Administrators:** Christopher Robert Pole, William James Wright
- **Administrators' firm:** Interpath Advisory
- **Formerly:** Hedley Studios Limited; HS Acquisitionco Limited
- **Incorporated:** 2025-07-18
- **Location:** Birmingham
- **Industry:** 29100 Manufacture of motor vehicles

## Why it went into administration

- Cash flow / liquidity pressure
- Sustained trading losses

## From the administrators' statement

The Company designed and assembled high-end, limited-edition, scale-model vehicles that are fully drivable and positioned as collectible luxury products. Its offerings are typically developed under official licensing agreements with established automotive brands. The Company had 74 staff and traded from a site in Bicester.

The Company was incorporated on 18 July 2025. In August 2025, the Company acquired the business and assets of The Little Car Company Limited, with support from its private equity sponsor, via a pre-pack administration process. As a result of trading underperformance, this was followed by a management buyout in December 2025, returning the Company to its original founder, Ben Hedley.

As part of the management buyout in December 2025, the Company made various cost saving measures. Unfortunately, these measures were insufficient, and management identified a short-term liquidity requirement.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/16592585/filing-history/MzUxNjcwMTQzOGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/16592585

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