Associated Yarns Limited Enters Administration
On 19 October 2026, a statutory notice published in The Gazette confirmed that Warrington-based textile wholesaler Associated Yarns Limited entered administration under Schedule B1 to the Insolvency Act 1986. The administration order was made in the High Court of Justice Business and Property Courts in Manchester under court reference CR-2026-MAN-001417.
For commercial suppliers, trade creditors, and corporate lenders, an administration filing alters legal remedies immediately. Creditors facing unpaid trade accounts or disrupted supply contracts must understand the procedural implications of the statutory moratorium and review their exposure across connected corporate structures.
Gazette notice details
The statutory appointment was registered on 19 October 2026 under The Gazette notice code 2410. Details extracted from the published notice include:
| Record Field | Published Detail |
| :--- | :--- |
| Company Name | ASSOCIATED YARNS LIMITED |
| Company Number | 03264371 |
| Court | High Court of Justice Business and Property Courts in Manchester, Company and Insolvency List |
| Case Number | CR-2026-MAN-001417 |
| Notice Date | 19 October 2026 |
| Notice Type | Appointment of Administrators (Code 2410) |
| Appointing Party | [Shown in the creditor report →](#offers-creditor) |
| Administrators / Insolvency Firm | [Shown in the creditor report →](#offers-creditor) |
| Notice Record | The Gazette Notice 5232427 |
Company snapshot
Public filings at Companies House document the trading history and statutory details of the company:
- Incorporation Date: 16 October 1996
- Current Registered Status: Active (administration pending register update)
- Registered Office: Prima House, Alexandra Trading Estate, Ashton Road, Golborne, Warrington, Cheshire, WA3 3UL
- Standard Industrial Classification (SIC):
- 46410: Wholesale of textiles
- 70100: Activities of head offices
- Latest Financial Filings: Not supplied in recent register extracts
Associated Yarns Limited operated for three decades in the textile wholesale sector from its trading base in Cheshire before entering administration.
Directors and ownership
Companies House register entries record the individuals responsible for governance and beneficial ownership of Associated Yarns Limited.
Current Board of Directors
- Ms Kerrie Ann Racle: Director, British, resident in England, born June 1972. Appointed on 1 August 2025.
- Mr John Patrick Scholes: Director, British, resident in England, born August 1998. Appointed on 1 August 2025.
Historical Officers
- Mr Stephen David Hepplewhite: Director, appointed 1 March 2023, resigned 2 September 2025.
- Mr Colin David Johnson: Director, appointed 29 October 1996, resigned 23 March 2026. Formerly acted as company secretary between October 1996 and May 1997.
- Mr Philip Lloyd: Director, appointed 7 May 1997, resigned 1 March 2023. Formerly served as company secretary between May 1997 and March 2023.
- Mr Jonathan Farrimond: Director, appointed 1 March 2023, resigned 27 November 2023.
- Mr Robert Clive Taylor: Director, appointed 29 October 1996, resigned 3 November 2000.
- Mr Clive Burton: Director, appointed 1 July 1998, resigned 20 September 1998.
- Mr Raymond James Farrell: Director, appointed 7 May 1997, resigned 30 June 1998.
- Mr Neil John Edge: Director, appointed 29 October 1996, resigned 1 January 1997.
- Britannia Company Formations Limited: Corporate nominee secretary, appointed 16 October 1996, resigned 29 October 1996.
- Deansgate Company Formations Limited: Corporate nominee director, appointed 16 October 1996, resigned 29 October 1996.
Persons with Significant Control (PSC Register)
- Ms Kerrie Ann Racle: Notified on 2 May 2024. Holds ownership of shares (75% to 100%) as a trustee, and voting rights (75% to 100%) as a trustee.
- Mr Stephen David Hepplewhite: Notified on 1 March 2023. Holds ownership of shares (75% to 100%) as a trustee, and voting rights (75% to 100%) as a trustee.
- Mr Philip Lloyd: Notified on 6 April 2016. Holds ownership of shares (75% to 100%) as a trustee, and voting rights (75% to 100%) as a trustee.
- Jon Farrimond: Notified on 1 March 2023; ceased on 28 November 2023. Previously held 75% to 100% of shares and voting rights, with the right to appoint and remove directors.
- Mr Colin David Johnson: Notified on 6 April 2016; ceased on 1 March 2023. Previously held 50% to 75% of shares and voting rights.
What administration means for creditors and customers
Administration is a statutory process under the Insolvency Act 1986 created to manage a company facing financial difficulties. It is distinct from liquidation; the primary purpose is to rescue the company as a going concern, achieve a better result for creditors than immediate winding up, or realise property to distribute funds to secured or preferential creditors.
This information is general guidance on UK insolvency procedure and does not constitute formal legal advice.
Statutory Moratorium
Upon the appointment of administrators or the filing of an administration application, an interim or full statutory moratorium takes effect under paragraph 43 of Schedule B1. This halts existing legal actions and prevents new legal proceedings, distress against goods, or property repossessions without court permission or the administrator's consent.
Creditor Claims and Proof of Debt
Unsecured creditors cannot petition the court for a winding up order while the moratorium is active. Outstanding debts must be submitted to the appointed administrators via a formal Proof of Debt form once the administrator establishes contact with the creditor body.
Retention of Title
Suppliers with valid Retention of Title (RoT) clauses cannot unilaterally enter the company's premises to repossess goods without consent from the administrator or leave of the court. Suppliers should notify the administrators immediately in writing, providing full invoices and contract terms showing the RoT clauses.
Trade creditor action plan: Step-by-step checklist
When a trade partner enters administration, credit control teams must move systematically to protect their financial position:
1. Cease Deliveries and Credit Facilities: Immediately stop pending shipments and cancel credit terms on unfulfilled purchase orders.
2. Collate Account Documentation: Gather unpaid invoices, delivery receipts, statements of account, and contractual agreements.
3. Assert Retention of Title Claims: Identify whether any delivered textile stock remains identifiable and unmixed on site. Submit an RoT questionnaire and supporting contracts to the administrators.
4. Run a Counterparty Audit: Conduct a winding up search across associated companies, holding entities, or primary trade debtors to identify wider insolvency exposure.
5. Lodge Formal Proof of Debt: Ensure the administrators formally acknowledge the debt and provide updates regarding proposals under paragraph 49 of Schedule B1.
Illustrative Creditor Scenario
Consider a commercial fabric mill that supplied £45,000 in raw yarn to a processing business on 60-day terms. Three weeks before invoice maturity, the customer enters administration.
By conducting an immediate winding up petition search and monitoring court filings, the supplier confirms that a moratorium is in effect under Schedule B1. Instead of instructing solicitors to issue a statutory demand (which would be barred by the moratorium), the supplier issues an RoT claim directly to the administrator for £18,000 of unprocessed, segregated yarn stored at the customer's depot. Concurrently, the supplier submits an unsecured claim for the £27,000 balance, avoiding abortive litigation fees while securing return or payment for intact inventory.
Corporate intelligence vs manual registry checks
Credit control teams and commercial litigators traditionally identify counterparty insolvencies through disjointed public registries. Manual reviews involve checking Companies House WebCHeck, scanning court cause lists individually, searching The Gazette daily, and calling the Central Registry of Winding Up Petitions.
This fragmented workflow carries substantial blind spots. Gazette notices can appear days after an administration order is made, while standard company profile checks often miss preliminary court filings.
Corp Intel eliminates these delays by aggregating High Court lists, Gazette announcements, and Companies House records into unified risk intelligence. By integrating free company monitoring, commercial teams receive automated alerts the moment a petition or administration appointment is lodged, safeguarding cash flow before default occurs.
Recent filings and Gazette activity
The primary insolvency activity on record is the appointment notice published on 19 October 2026:
- 19 October 2026 (Gazette Notice 5232427): Appointment of Administrators under Court Number CR-2026-MAN-001417 in the Manchester Business and Property Court.
Creditors should monitor the company's public file for the subsequent filing of Form AM01 (Notice of administrator's appointment) and Form AM02 (Notice of statement of affairs), which provide detailed asset and liability schedules.
For credit teams and suppliers
Credit risk teams, commercial suppliers, and debt recovery specialists must review counterparty exposure before extending uncommitted credit lines. Missing an insolvency filing or early winding-up petition exposes trade creditors to unrecoverable delivery losses and clawback risks under sections 238 to 245 of the Insolvency Act 1986. Performing a regular winding up search and tracking corporate health metrics prevents balance-sheet distress across key accounts.
FAQ
What is the court case number for Associated Yarns Limited?
The administration proceedings are filed under case number CR-2026-MAN-001417 in the High Court of Justice Business and Property Courts in Manchester, Company and Insolvency List.
Can creditors issue a winding-up petition against the company now?
No. Under paragraph 43 of Schedule B1 to the Insolvency Act 1986, a statutory moratorium prevents any legal action or petition from being commenced or continued without permission of the court or the consent of the administrators.
How do suppliers submit unpaid invoices?
Unpaid suppliers must submit a formal Proof of Debt form directly to the appointed administrators, supported by invoices, contracts, and delivery receipts. Details of the joint administrators will be confirmed via Companies House filings or subsequent Gazette notices.
Can goods covered by Retention of Title be recovered?
Goods subject to a valid Retention of Title clause cannot be removed from the premises without the consent of the administrators or permission from the court due to the moratorium. Suppliers must write to the administrators immediately to register their claim over specific inventory.
What happens to existing supply contracts in administration?
Administrators assess whether continuing trading is in the best interests of creditors. Contracts do not terminate automatically unless specified in the contract terms, but administrators are not personally liable for historical obligations incurred prior to their appointment.
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