What happened
BREYER GROUP PUBLIC LIMITED COMPANY (company number 00782931), incorporated in 1963, entered administration on 1 April 2025. Its status at Companies House is now: administration.
Why it failed
Two loss-making contracts caused a £3.5m loss in FY24; a £5.4m customer payment was never certified, financing could not be secured, an adjudication was lost and creditors petitioned.
- Main reason: Clients not paying or failing
- Losses on contracts
- Cash flow
- Funding withdrawn
Our summary of the reasons given in the administrators' proposals. These record the administrators' and directors' account of what happened.
An administrator, a licensed insolvency practitioner, takes control of the company to try to rescue it, sell the business or get a better result for creditors than a liquidation.
Previously known as: F.H.BREYER(ASPHALTE)LIMITED.
Timeline
The last accounts and payment report before the failure, then what happened, with the time between each.
31 May 2023
Last accounts filed were made up to this date
12 months later
31 May 2024
Last payment practices report ends: average 70 days to pay, 90% of invoices not paid to agreed terms
11 months later
1 April 2025
Administration started
AccountsPayment reportInsolvency
Before it failed
Key figures
- Average days to pay suppliers, 1 December 2023 to 31 May 2024
- 70 days
- 71% paid after 60 days, 90% not paid to agreed terms
- Its last payment practices report
- Owed to unsecured creditors (estimated), as at 1 April 2025
- £17.5m
- of which trade creditors £15.8m. HMRC owed £2.8m. Expected return to unsecured creditors: uncertain
- Administrators' proposals
The last accounts filed were full accounts made up to 31 May 2023, 22 months before it went into administration. Private companies have nine months after their year end to file, so a gap of more than 21 months usually means the next accounts were overdue, one of the warning signs worth checking for.
The full filing history, including any late filings, charges and director changes, is on Companies House.
Lessons learned report
We're writing plain-English reports on major construction failures: who was involved, why it happened, the warning signs and how long they were visible, and what to look out for next time.
Sign up to be told when reports are outIn the news
We haven't matched any press coverage to this company yet. Search the news for Breyer Group.