A UK agricultural firm has plunged into liquidation after solely being in enterprise for 4 years. Founded in 2022, it’s the finish of the highway for the corporate after shareholders determined to wind up the enterprise. Beacon International Trading Limited, which is predicated in Des Roches Square in Witney, Oxfordshire, entered administration on April 24, 2026, an official discover within the London Gazette revealed. Rob Keyes and David Taylor, each of KRE Corporate Recovery Limited, had been appointed as joint liquidators.
The firm entered Creditors’ Voluntary Liquidation, which is a course of used when a enterprise is bancrupt and can’t repay its money owed, so its shareholders voluntarily determine to wind it up and dump its property to repay money owed. 75% of shareholders should comply with the transfer earlier than the method can start. It comes as many companies, from development corporations to furnishings producers, enter troublesome buying and selling intervals and undergo the results of excessive power payments and elevated materials and provide prices.
Beacon International Trading Limited describes itself as “a trusted global partner for wholesale procurement and supply chain solutions”. It equipped a spread of issues to its purchasers within the agriculture sector, resembling tractors, first help provides and agricultural equipment.
The firm’s web site states: “Our strength lies in our extensive network of international partners and long-standing industry relationships, which allow us to procure thousands of products across multiple sectors – with a particular focus on agricultural machinery, arable farming supplies, and livestock procurement.”
Before getting into liquidation, the corporate had expertise in a number of worldwide markets, together with the US, Canada and Australia.
The discover of liquidation for the corporate reads: “The Resolution below was considered by the Shareholders of the above-named Company, and on 24 April 2026 the following Written Special and Ordinary Resolution were duly passed:
“That the Company be wound up voluntarily and that Rob Keyes (IP No. 008841) and David Taylor (IP No. 13790) each of KRE Corporate Recovery Limited, Unit 8, The Aquarium, 1-7 King Street, Reading, RG1 2AN are hereby appointed Joint Liquidators for the aim of the winding up.”
The enterprise’s most up-to-date monetary assertion reported collectors of £579,795 falling inside a 12 months, experiences the South West Farmer.
The liquidators for the corporate have been contacted for remark.
https://www.express.co.uk/news/uk/2201634/uk-agricultural-supplier-collapses-liquidation