Several businesses across various sectors, including chocolate production, bicycle manufacturing, vaping distribution, creative studios, endurance events, and transport, have entered administration in recent days. Rising operational costs, particularly for energy and materials, continue to challenge companies nationwide. Administrators now seek to salvage viable parts of these operations, though store closures, site restructurings, and staff redundancies often follow.
Marasu’s Petit Fours Shuts Down After 40 Years
London’s leading producer of premium chocolates, Marasu’s Petit Fours, has collapsed into administration following four decades in business. Patissiers Rolf Kern and Gabi Kohler founded the company in 1986 to supply high-end chocolates to top venues. Acquired by the Prestat Group in 2006, it delivered products to retailers like Prestat, Fortnum & Mason, Selfridges, and Harrods. Operating from a 25,000 sq ft facility in Park Royal, the firm produced over 300 tonnes annually until tough market conditions forced the move.
JM Wholesale Halts Operations
Midlands-based vape distributor JM Wholesale entered administration after filing a notice on March 20. The company offers more than 15,000 products, including vape devices, e-liquids, disposable vapes, and nicotine pouches. It positions itself as the UK’s top distributor in vaping, CBD, and smoking categories. Its website currently displays: “We are not accepting orders at this time. The website is currently undergoing maintenance. Thank you for your patience.” Latest accounts show 47 employees for the year ending February 2025.
Frog Bikes Faces Collapse
Premium children’s bicycle maker Frog Bikes has gone into administration. Jerry and Shelly Lawson launched the brand in 2013, featuring lightweight designs by Olympic bike engineer Dimitris Katsanis. Prince Louis, youngest child of the Prince and Princess of Wales, appeared on one of its bikes in a 2021 birthday photo. Multiple factors contributed to its financial struggles.
Holborn Studios Closes Doors
After over 40 years supporting creative industries, Holborn Studios Ltd in north London’s Eagle Wharf Road has entered administration. Renowned as an award-winning venue, it provided flexible spaces for photo shoots, film production, events, equipment hire, and occasions like weddings and corporate gatherings.
Ourea Events and Skyline Trail Cease Trading
The UK’s primary organizer of ultra-distance trail races, Ourea Events Limited and Skyline Trail, both based at Bleaze Farm in Kendal, Cumbria, have collapsed into administration after 15 years. They host acclaimed events such as the Dragon’s Back Race, Cape Wrath Ultra, Northern Traverse series, and Skyline Scotland, drawing elite runners worldwide. Ourea announced trading cessation on March 12.
Ron Crouch Transport Enters Administration
Australian family-owned transport firm Ron Crouch, operating since 1978, has plunged into administration, risking creditor losses up to $23 million (£17.1 million). Based in New South Wales with hubs in Brisbane, Sydney, Melbourne, and Adelaide, it served major cities. Geoff Crouch, executive director, cites staff shortages, regulatory pressures, and economic challenges. The business lost over $500,000 (£375,000) monthly before collapse.
