\n United Tooling Solutions Limited, based in Leicestershire, supplied tooling, maintenance, repair, and operations equipment under several brand names, including:\n<\/p>\n
Grahams Machinery Sales<\/p>\n
Drakes Tooling & Abrasives<\/p>\n
Jaymac<\/p>\n
Scott Direct<\/p>\n
Bideford Tool<\/p>\n
\n The company employed around 135 people across 11 UK branches, according to Business Sale Report<\/a>, all supporting more than 20,000 customers across a wide range of industries. \n UK administrations update: June 23 – 29https:\/\/t.co\/5AoJzLkQLE<\/a> pic.twitter.com\/YH5peTSGZJ<\/a>\n <\/p>\n \n \u2014 Business Sale Report (@BusinessForSale) June 30, 2026<\/a>\n <\/p>\n United Tooling Solutions Limited enters administration<\/p>\n \n United Tooling Solutions had faced a period of “challenging trading” and liquidity issues in recent months, Business Sale Report continued.\n<\/p>\n \n Despite efforts by the management team, they were unable to secure the funding needed to continue operating.\n<\/p>\n \n The company has now fallen into administration, with Kristopher Aspin of Ernst & Young LLP appointed administrator on June 18, The Gazette<\/a> reports.\n<\/p>\n \n United Tooling Solutions has now “largely ceased to trade”, with 75 staff members being made redundant.\n<\/p>\n \n Some staff have been retained to help administrators with the process.\n<\/p>\n \n Administrators are now exploring ways to realise value from their assets.\n<\/p>\n \n Group accounts for the year ending December 31, 2024, show United Tooling Solutions reported a turnover of \u00a356.2 million, up from \u00a347.3 million the previous year, according to Business Sale Report.\n<\/p>\n \n However, operating losses rose sharply to nearly \u00a33.3 million, up from just over \u00a3355,000 in 2023.\n<\/p>\n \n Pre-tax losses also increased from \u00a311.5 million to \u00a315.8 million.\n<\/p>\n \n Directors blamed the collapse on several factors, including the collapse of parent company Troy (UK) Limited in October 2024.\n<\/p>\n \n In their year-end report, they said this event and subsequent supply chain restrictions caused “a large-scale adverse impact to revenue and profitable returns” in the final quarter of 2024.\n<\/p>\n Other UK companies that have closed or entered administration\/liquidation in 2026<\/p>\n \n It has been a tough year for the UK high street, with several other retailers entering administration or liquidation and others announcing widespread store closures.\n<\/p>\n \n Major high street brands LK Bennett<\/a>, Claire’s<\/a>, and Quiz<\/a> have been forced to close all their remaining stores after falling into administration.\n<\/p>\n \n UK fashion retailer Leading Labels<\/a> is also set to close its remaining 15 stores after falling into liquidation.\n<\/p>\n \n TG Jones<\/a> will also be closing 150 stores across the UK as part of a “restructuring” plan approved by the High Court on Wednesday (July 1).\n<\/p>\n \n Other retailers have been forced to close stores this year, including:\n<\/p>\n<\/p>\n \n Several UK travel companies have also ceased trading or entered administration in 2026:\n<\/p>\n \n Luxury UK holiday company Salamander Voyages<\/a> shut down back in April after entering administration.\n<\/p>\n \n Meanwhile, four UK airlines have fallen into administration or liquidation:\n<\/p>\n<\/p>\n
One of those sites is listed as Drake Tooling & Abrasives in Ferndown trading from Woolsbridge Industrial Park, Oak Field Road at Three Legged Cross in Wimborne.\n<\/p>\n