HomeCompanies in AdministrationIndustrial Polythene Limited

Is Industrial Polythene Limited in administration?

Last verified 11 July 2026
In AdministrationYes, Industrial Polythene Limited (company number 10523331) entered administration on 8 April 2025. Paul Ellison of KRE Corporate Recovery Limited was appointed as administrator.

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Industrial Polythene Limited is now under the control of an administrator. Below are the key dates, the directors, the public-record timeline that led here, and what the administration means if you are a creditor, employee, customer or supplier.

Company at a glance

StatusIn Administration
Company number10523331
Previously known as
  • Industrial Packaging Ltd, Dec 2016 to Jan 2017
Incorporated13 December 2016 (10 years old)
Registered officeUnit 8 The Aquarium, 1-7 King Street, RG1 2AN
Nature of business (SIC)82920: Packaging activities
Date entered administration8 April 2025
AdministratorPaul Ellison, KRE Corporate Recovery Limited (licensed insolvency practitioner)
Official noticeView the official notice ↗
Public registerView filing history ↗

About the business

Industrial Polythene Limited is a UK limited company, incorporated in 2016 and 9 years old when the administrator was appointed. Its registered activity is packaging activities (SIC 82920). There have been 2 director appointments since incorporation, of which 2 were on the board when the administrator was appointed. 2 charges have been registered against the company, 1 of which is still outstanding.

Statement of Affairs

No Statement of Affairs is on record for this company. The 75-day filing window has passed without a Statement of Affairs being filed.

Directors

2 people have been appointed as directors of Industrial Polythene Limited.

DirectorStatusResigned
Philip WellsteedActive
David RawleActive

Charges register

Secured creditors and encumbrances against the company. 1 outstanding · 1 satisfied.

Status · Creditor · Type · Dates
OutstandingClose Brothers Limited (The “Security Trustee”)
A registered charge · Created 16 Dec 2021 · Pending
SatisfiedFactor 21 LTD
A registered charge · Created 2 Feb 2017 · Satisfied 24 Nov 2022

What happened

EventDateType
Administrator's progress report23 April 2026AM10
Notice of extension of period of Administration24 February 2026AM19
Administrator's progress report9 October 2025AM10
Statement of administrator's proposal9 May 2025AM03
Appointment of an administrator8 April 2025AM01
31 earlier events · 2017 to 2025
Registered office address changed from Unit 2 Stanley Court Richard Jones Road Witney OX29 0TB England to Unit 8 the Aquarium 1-7 King Street Reading RG1 2AN on 2025-03-2626 March 2025AD01
Confirmation statement made on 2024-12-08 with no updates4 February 2025CS01
Unaudited abridged accounts made up to 2024-01-3125 October 2024AA
Confirmation statement made on 2023-12-08 with no updates8 December 2023CS01
Director's details changed for Mr Philip Wellsteed on 2023-09-0114 September 2023CH01
Director's details changed for David Rawle on 2023-09-0114 September 2023CH01
Unaudited abridged accounts made up to 2023-01-318 June 2023AA
Confirmation statement made on 2022-12-12 with no updates12 January 2023CS01
Satisfaction of charge 105233310001 in full24 November 2022MR04
Unaudited abridged accounts made up to 2022-01-3125 April 2022AA
Confirmation statement made on 2021-12-12 with no updates13 January 2022CS01
Registration of charge 105233310002, created on 2021-12-164 January 2022MR01
Total exemption full accounts made up to 2021-01-3114 April 2021AA
Confirmation statement made on 2020-12-12 with no updates14 December 2020CS01
Registered office address changed from , 3 Meadow Court High Street, Witney, Oxfordshire, OX28 6ER, England to Unit 2 Stanley Court Richard Jones Road Witney OX29 0TB on 2020-08-2727 August 2020AD01
Total exemption full accounts made up to 2020-01-3128 July 2020AA
Confirmation statement made on 2019-12-12 with no updates12 December 2019CS01
Total exemption full accounts made up to 2019-01-318 July 2019AA
Confirmation statement made on 2018-12-12 with no updates19 December 2018CS01
Total exemption full accounts made up to 2018-01-3130 October 2018AA
Previous accounting period shortened from 2018-02-28 to 2018-01-3122 August 2018AA01
Previous accounting period extended from 2017-12-31 to 2018-02-2814 June 2018AA01
Registered office address changed from , Airfield House Kingston Business Park, Kingston Bagpuize, Oxford, OX13 5FD to Unit 2 Stanley Court Richard Jones Road Witney OX29 0TB on 2018-04-2323 April 2018AD01
Confirmation statement made on 2017-12-12 with updates23 December 2017CS01
Registered office address changed from , 45 Shillbrook Avenue, Carterton, OX18 1EQ, England to Unit 2 Stanley Court Richard Jones Road Witney OX29 0TB on 2017-12-1818 December 2017AD01
Appointment of David Rawle as a director on 2017-01-2421 February 2017AP01
Registration of charge 105233310001, created on 2017-02-0213 February 2017MR01
Statement of capital following an allotment of shares on 2017-01-2411 February 2017SH01
Registered office address changed from , Kemp House 160 City Road, London, London, EC1V 2NX, United Kingdom to Unit 2 Stanley Court Richard Jones Road Witney OX29 0TB on 2017-01-2727 January 2017AD01
Resolutions23 January 2017RESOLUTIONS
Change of name notice23 January 2017CONNOT
Incorporation13 December 2016NEWINC

What this means for you

If you are a creditor

Contact the administrator (KRE Corporate Recovery Limited) to register your claim. You cannot start or continue legal action against the company without the court's or administrator's permission. Unsecured creditors are typically paid last.

A creditor's checklist

If you are an employee

Employees are preferential creditors for certain unpaid wages and holiday pay, and may be able to claim from the Redundancy Payments Service if roles are made redundant.

Employee rights and redundancy pay

If you are a customer

Orders, deposits and warranties may be affected. Deposits paid are usually unsecured claims. Contact the administrator about outstanding work or refunds.

What customers can recover

If you are a supplier

Goods supplied before the appointment are an unsecured claim. Check whether any retention-of-title clause applies to goods you can identify and recover.

How retention of title works

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Related guides

What “in administration” meansCan it still trade?Warning signs in your other customersBuying its assets? A checklistWhat the filings mean

The bigger picture

The state of UK insolvencyUK administrations this monthAdministrations by sector

Frequently asked questions

Is Industrial Polythene Limited in administration?
Yes. Industrial Polythene Limited (company number 10523331) entered administration on 8 April 2025. Paul Ellison of KRE Corporate Recovery Limited was appointed as administrator.
Who is the administrator of Industrial Polythene Limited?
Paul Ellison, a licensed insolvency practitioner at KRE Corporate Recovery Limited, was appointed administrator of Industrial Polythene Limited on 8 April 2025. Creditors can contact the administrator directly to submit a claim.
What does Industrial Polythene Limited do?
Industrial Polythene Limited's registered nature of business is packaging activities (SIC 82920).
Where is Industrial Polythene Limited based?
Industrial Polythene Limited's registered office is Unit 8 The Aquarium, 1-7 King Street, RG1 2AN. The registered office is the address held on the public register, which is not always the trading address.
When was Industrial Polythene Limited founded?
Industrial Polythene Limited was incorporated on 13 December 2016, 9 years before the administrator was appointed.
What is Industrial Polythene Limited's company number?
Industrial Polythene Limited's registered company number is 10523331.
Does Industrial Polythene Limited have any outstanding charges?
an outstanding charge is registered against Industrial Polythene Limited out of 2 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
Are jobs at Industrial Polythene Limited at risk?
When a company enters administration the administrator decides whether to continue trading, sell the business as a going concern, or wind it down. Employees can contact the administrator (KRE Corporate Recovery Limited) for any update on their role, and may be able to claim from the Redundancy Payments Service if their job is made redundant.
What does administration mean for creditors of Industrial Polythene Limited?
Administration is a formal insolvency process that gives a company protection from creditors while an administrator tries to rescue it or achieve a better result than liquidation. Creditors cannot start or continue legal action without permission. Unsecured creditors are usually paid last, often only a portion of what they are owed, if anything.
When did Industrial Polythene Limited go into administration?
Industrial Polythene Limited went into administration on 8 April 2025.

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