Meetings of creditors (Administration)
Flag Clothing Limited administration
In short: Flag Clothing Limited (company no. 02717552) entered administration, according to a Meetings of creditors (Administration) notice published in The London Gazette on 12 November 2026. The office holders are Andrew R Bailey; Martin C Armstrong, appointed 16 September 2026. The case is before the Business and Property Courts in England And Wales (case CR-2026-5795).
Creditors are invited to a virtual meeting on 26 November 2026 to approve the joint administrators’ costs and fees for Flag Clothing Limited
Notice details
- Company
- FLAG CLOTHING LIMITED
- Company number
- 02717552
- Registered office
- 15 Horizon Business Village, 1 Brooklands Road, Weybridge, KT13 0TJ
- Principal trading address
- 13 Old Burlington Street, London, W1S 3AS
- Office holder(s)
- Andrew R Bailey; Martin C Armstrong
- Office holder number(s)
- 18810; 6212
- Date of appointment
- 16 September 2026
- Court
- High Court of Justice Business and Property Courts of England and Wales
- Case number
- CR-2026-5795
- Meeting date/time
- 26 November 2026 at 11.00 am
- Contact
- Roger Tulloch, telephone 01932 336149, email [email protected]
What the last filed accounts showed
As at 31 January 2025 · unaudited · 20 months before the first insolvency notice
Average employees during the period: 21
These are the company's own figures from Companies House, not from the Gazette notice, and they describe its position at that date rather than what it owes now. Negative net assets means liabilities exceeded assets. The full record is on the Flag Clothing Limited company page.
What this notice means
Administration is a formal insolvency process in which licensed insolvency practitioners (the administrators) take control of a company to try to rescue it as a going concern, or — where that is not possible — to achieve a better result for creditors than an immediate winding-up and to realise the assets. A statutory moratorium halts most legal action against the company while the administrators act.
Read more: Company Administration Explained.
What happens next
The administrators must send their proposals to creditors as soon as reasonably practicable, and in any event within eight weeks of appointment. An administration lasts one year unless creditors or the court extend it. It ends in one of a small number of ways: a sale of the business or its assets as a going concern, a company voluntary arrangement, a move into liquidation, or dissolution where there is nothing left to distribute.
Quote case number CR-2026-5795 and the Business and Property Courts in England And Wales in any correspondence about the case.
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All notices for Flag Clothing Limited
2 Gazette notices on record for company no. 02717552, newest first. The full history, with last filed accounts, is on the Flag Clothing Limited company record.
- Appointment of administrators 24 Sep 2026
How does this notice affect you?
Choose what applies and we'll point you at the right next step.
A written-off invoice rarely stops at the company that failed. The supplier left short is often the next business in difficulty — and the earlier that's dealt with, the more options stay open. If FLAG CLOTHING LIMITED owed you money, it's worth checking where that leaves you.
Unpaid wages, holiday pay and statutory redundancy are claimed from the government's Redundancy Payments Service, not from K2. The insolvency practitioner named in this notice should send you a case reference — you'll need it to claim.
K2's founder has turned around UK businesses since 1990, and K2 has backed and restructured them since 2001, including buying trade and assets out of distress. These situations move in days rather than months, so if you're looking at FLAG CLOTHING LIMITED or something similar, start the conversation early.
Looking for more? Get daily deal alerts when businesses in your sector enter administration.
If your business is under pressure — creditors circling, a petition threatened, or cash running out — acting early changes the outcome. K2's founder has helped UK directors turn things around since 1990. Talk to us in confidence.
Already decided to close? Get a fixed-fee liquidation quote from a licensed practitioner, or read how strike-off compares.
Is your own business showing the same warning signs?
Falling margins, stretched creditors, overdue filings and HMRC arrears usually appear months before a Gazette notice. Directors who act at that stage keep far more options open, from an informal turnaround to a CVA or restructuring plan.
Related guidance
Free, practical guides from K2 on what this kind of notice means for directors.
More administration notices
Frequently asked questions
Has Flag Clothing Limited gone into administration?
The London Gazette published a Meetings of creditors (Administration) for Flag Clothing Limited (company no. 02717552) on 12 November 2026. Administration is a formal insolvency process in which licensed insolvency practitioners (the administrators) take control of a company to try to rescue it as a going concern, or — where that is not possible — to achieve a better result for creditors than an immediate winding-up and to realise the assets. A statutory moratorium halts most legal action against the company while the administrators act.
What does a Meetings of creditors (Administration) mean?
Administration is a formal insolvency process in which licensed insolvency practitioners (the administrators) take control of a company to try to rescue it as a going concern, or — where that is not possible — to achieve a better result for creditors than an immediate winding-up and to realise the assets. A statutory moratorium halts most legal action against the company while the administrators act.
What happens next?
The administrators must send their proposals to creditors as soon as reasonably practicable, and in any event within eight weeks of appointment. An administration lasts one year unless creditors or the court extend it. It ends in one of a small number of ways: a sale of the business or its assets as a going concern, a company voluntary arrangement, a move into liquidation, or dissolution where there is nothing left to distribute.
Who is dealing with the administration?
The office holders named in the notice: Andrew R Bailey; Martin C Armstrong, appointed 16 September 2026. Creditors, employees and anyone holding goods or money belonging to the company should contact them directly, quoting the company number and case number CR-2026-5795.
Why did the company go into administration?
The Gazette notice records the legal step, not the cause, so it does not say why the company failed. Its last filed accounts, to 31 January 2025, showed liabilities exceeding assets by £17.0m. For a fuller picture, look in the company's filing history at Companies House for the statement of affairs or the office holder's reports, where these have been filed.
How much did the company owe?
The notice does not give a figure. The closest public number is total liabilities of £20.9m in its last filed accounts, to 31 January 2025. What was owed when the process began will differ, and is set out in the statement of affairs.
How many jobs are affected?
The notice does not say. The last filed accounts recorded an average of 21 employees in the period to 31 January 2025, which is the closest public figure and may be out of date.
The company owes me money — what can I do?
You are a creditor in the process. The insolvency practitioner named in the notice will write to known creditors and invite claims; if you have not heard from them, contact them with your invoices. Unsecured creditors rank after fixed-charge holders, the costs of the insolvency, preferential creditors and floating-charge holders, so recovery depends on what is left in the estate.
I worked there — how do I claim what I am owed?
Unpaid wages, holiday pay and statutory redundancy are claimed from the government's Redundancy Payments Service, not from the company or from K2. The insolvency practitioner named in this notice should give you a case reference to claim with.
Source: The London Gazette and Companies House. Contains public sector information licensed under the Open Government Licence v3.0. © Crown copyright. This page is provided by K2 Partners for information only and is not legal or financial advice.