📰 Breaking News: Lessons Learnt & Insights from DSTBTD Restructuring Plan

Associated Yarns Limited enters administration

Active Company no. 03264371 Incorporated Oct 1996 Retail & Wholesale WA postcode area

Companies House record →

Prima House, Alexandra Trading Estate, Ashton Road Golborne Warrington, WA3 3UL

The most recent insolvency notice for Associated Yarns Limited is an Appointment of administrators, published 19 October 2026 in The London Gazette. The office holders are Mike Dillon (IP No. 24610); Katy McAndrew (IP No. 24470), appointed 12 October 2026. The case is before the Business and Property Courts in Manchester (case CR-2026-MAN-001417). 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.

Last filed balance sheet

Not yet retrieved.

Insolvency notices (1)

  1. The notice announces the appointment of Mike Dillon and Katy McAndrew as joint administrators of Associated Yarns Limited.

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-MAN-001417 and the Business and Property Courts in Manchester in any correspondence about the case, together with company number 03264371.

Owed money by Associated Yarns Limited?

A bad debt this size rarely stops with the company that failed. If you're a supplier or creditor left short, it's worth knowing where you rank — and checking what the shortfall does to your own cashflow.

What to do when a customer fails

Related guidance

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.

Frequently asked questions

Is Associated Yarns Limited in administration?

The most recent insolvency notice for Associated Yarns Limited (company no. 03264371) is a Appointment of administrators, published 19 October 2026 in The London Gazette. 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 were Associated Yarns Limited's last filed accounts?

Not yet retrieved for Associated Yarns Limited at Companies House.

How many insolvency notices does Associated Yarns Limited have?

Associated Yarns Limited has 1 insolvency notice recorded in The London Gazette, the most recent being a Appointment of administrators on 19 October 2026.

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.

Financial figures are taken from the company's own last accounts filed at Companies House. Small and micro-entity accounts are unaudited, and for a company entering an insolvency process the most recent filing frequently predates that process by a year or more. Figures are indicative and are not a valuation. Contains public sector information licensed under the Open Government Licence v3.0. © Crown copyright.