British gas company at risk as it enters administration

Utility Meters Warehouse Ltd, based in Manchester, launched back in March 2013 and is “the UK’s Premier One-Stop Solution Company for Gas Pressure Control & Measurement Equipment”.

The company deals with gas pressure regulators, gas meter modules, and gas volume converters.

The Utility Meters Warehouse Ltd website adds: “Our mission as the UK’s Premier One-Stop Solution Company for Gas Pressure Control & Measurement Equipment is to make a significant contribution to the reduction in consumption of natural gas by technically advancing gas control methodologies and the adoption of the same across the Utilities Industry.”

British gas company enters administration

After 13 years, Utility Meters Warehouse Ltd is now at risk of closing.

The Manchester-based gas company has entered administration, according to the London Gazette.

Michael Lennon and Mark Blackman from KR8 Advisory Limited were appointed joint administrators on March 12 and will now manage the company’s affairs.

What happens when a company goes into administration?

Put simply, when a company enters administration, it means that it is unable to pay expenses, debts, or other liabilities, according to SquareUp.com.

Companies House adds: “When a company goes into administration, they have entered a legal process (under the Insolvency Act 1986) with the aim of achieving one of the statutory objectives of an administration. This may be to rescue a viable business that is insolvent due to cashflow problems.

“An appointment of an administrator (a licensed insolvency practitioner) will be made by directors, a creditor or the court to fulfil the administration process.”

A statutory moratorium is put in place once a company enters administration, giving it “breathing space” to allow for financial restructuring plans to be drawn up free from creditor enforcement actions.

A company can continue to trade while in administration, but daily management and control is handed over to the administrators.

Companies House continues: “Within 8 weeks it is the administrators’ role to formulate administration proposals.

“Creditors are then asked to vote by a decision procedure to approve the administrators’ proposals.

“If the administration involves a sale of all or part of the company’s business, the proceeds (after the costs of the procedure) will be distributed to creditors in a statutory order of priority.”

Administration will end automatically after 12 months unless the administrator asks the court or creditors for an extension.

Through administration, a company can be:

• Rescued and passed back to the directors
• Enter liquidation
• Be dissolved

Turbulent start to 2026 for UK high street

It has been a rough start to 2026 for the UK high street, with several retailers entering administration and others announcing widespread store closures.

Major high street retailers, including River Island, Primark, and Poundland, have already been forced to close stores in 2026, while Revolution and BrewDog have shut the doors to 21 and 38 pubs, respectively.

Several other retailers have fallen into administration recently, including:

Meanwhile, four UK travel companies have closed in the opening weeks of 2026:

EcoJet Airlines, billed as “the world’s first Electric Airline”, has also entered liquidation after just three years, resulting in the cancellation of all planned flights.

UK delivery company Yodel is set to be phased out over the coming months after being acquired by InPost.

Tesco also recently revealed plans to cut 380 jobs in stores across the UK, while it’s been reported that Morrisons is looking to sell some of its in-store pharmacies as it continues to cut costs.

It’s not been all bad news for the UK high street, with several major brands announcing new store openings for 2026, including Aldi, M&S, and Superdrug.

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