Is TSP Realisations Limited in administration?
Last verified 11 July 2026
Yes, TSP Realisations Limited (company number 12373971) entered administration on 24 September 2024. Sean Williams of null was appointed as administrator.
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TSP Realisations 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
| Status | In Administration |
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| Company number | 12373971 |
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| Previously known as | - TSP Engineering Limited, Mar 2020 to Sep 2024
- Jingye Steel (UK) Engineering Ltd, Dec 2019 to Mar 2020
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| Incorporated | 20 December 2019 (7 years old) |
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| Registered office | Unit 13 Kingsway House Kingsway, Gateshead, NE11 0HW |
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| Nature of business (SIC) | 25990: Manufacture of other fabricated metal products n.e.c. (Manufacturing) |
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| Date entered administration | 24 September 2024 |
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| Administrator | Sean Williams, null (licensed insolvency practitioner) |
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| Public register | View filing history ↗ |
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About the business
TSP Realisations Limited is a manufacturing business based in Gateshead, incorporated in 2019 and 5 years old when the administrator was appointed. Its registered activity is manufacture of other fabricated metal products n.e.c. (SIC 25990). There have been 9 director appointments since incorporation, of which 1 was on the board when the administrator was appointed, alongside 1 person with significant control. 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
9 people have been appointed as directors of TSP Realisations Limited.
DirectorStatusAppointedResigned
+3 former directors · resigned 2020 to 2022
A director resignation shortly before an insolvency is a matter of public record; it does not by itself imply wrongdoing.
Persons with significant control
Individuals or entities with significant influence or control.
Gmet Engineering Limited
corporate entity person with significant control
Ownership of shares 75-100%Voting rights 75-100%Right to appoint and remove directors
1 ceased control
- Jingye Steel (Uk) Holding Ltd · ceased 15 Mar 2022
Charges register
Secured creditors and encumbrances against the company. 1 outstanding · 1 satisfied.
Status · Creditor · Type · Dates
OutstandingBibby Financial Services LTD (As Security Trustee)
A registered charge · Created 5 May 2022 · Pending
SatisfiedSecure Trust Bank PLC
A registered charge · Created 30 Oct 2020 · Satisfied 28 Mar 2023
What happened
EventDateType
Administrator's progress report22 April 2026AM10 Administrator's progress report14 October 2025AM10 Notice of extension of period of Administration5 September 2025AM19
Administrator's progress report24 April 2025AM10 Notice of deemed approval of proposals28 November 2024AM06
+43 earlier events · 2020 to 2024
Statement of administrator's proposal12 November 2024AM03 Certificate of change of name26 September 2024CERTNM Change of name notice26 September 2024CONNOT
Registered office address changed from Curwen Road Derwent Howe Workington Cumbria CA14 3YX United Kingdom to Unit 13 Kingsway House Kingsway Team Valley Trading Estate Gateshead NE11 0HW on 2024-09-2424 September 2024AD01 Appointment of an administrator24 September 2024AM01 Termination of appointment of William Mark Roberts as a director on 2024-08-3010 September 2024TM01 Full accounts made up to 2023-03-3110 January 2024AA Confirmation statement made on 2023-12-19 with no updates20 December 2023CS01 Termination of appointment of John Philip Coughlan as a director on 2023-09-0125 September 2023TM01 Full accounts made up to 2022-03-313 April 2023AA Satisfaction of charge 123739710001 in full28 March 2023MR04 Confirmation statement made on 2022-12-19 with updates10 January 2023CS01 Termination of appointment of Steven James Scott as a director on 2022-12-055 December 2022TM01 Previous accounting period extended from 2021-12-31 to 2022-03-3129 September 2022AA01 Appointment of Mr Steven James Scott as a director on 2022-05-2424 May 2022AP01 Registration of charge 123739710002, created on 2022-05-059 May 2022MR01 Cessation of Jingye Steel (Uk) Holding Ltd as a person with significant control on 2022-03-1526 April 2022PSC07 All of the property or undertaking has been released from charge 12373971000126 April 2022MR05 Appointment of Mr William Mark Roberts as a director on 2022-03-1411 April 2022AP01 Appointment of Mr Robert Mawson as a director on 2022-03-1411 April 2022AP01 Notification of Gmet Engineering Limited as a person with significant control on 2022-03-1411 April 2022PSC02 Termination of appointment of Wei Zhang as a director on 2022-03-1415 March 2022TM01 Termination of appointment of Richard David Napier as a director on 2022-03-1415 March 2022TM01 Termination of appointment of Allan James Bell as a director on 2022-03-1415 March 2022TM01 Termination of appointment of Paul Lawrence Simpson as a director on 2022-03-1415 March 2022TM01 Full accounts made up to 2020-12-312 March 2022AA Statement of capital following an allotment of shares on 2020-03-092 February 2022SH01 Confirmation statement made on 2021-12-19 with updates17 January 2022CS01 Confirmation statement made on 2020-12-19 with updates12 March 2021CS01 Memorandum and Articles of Association30 November 2020MA Registration of charge 123739710001, created on 2020-10-304 November 2020MR01 Appointment of Mr John Philip Coughlan as a director on 2020-06-1217 June 2020AP01 Termination of appointment of Xi Feng Han as a director on 2020-06-1216 June 2020TM01 Appointment of Mr Richard David Napier as a director on 2020-06-1216 June 2020AP01 Appointment of Paul Lawrence Simpson as a director on 2020-06-1216 June 2020AP01 Appointment of Wei Zhang as a director on 2020-06-1216 June 2020AP01 Appointment of Mr Allan James Bell as a director on 2020-06-1216 June 2020AP01 Registered office address changed from C/O Hackwood Secretaries Limited One Silk Street London EC2Y 8HQ United Kingdom to Curwen Road Derwent Howe Workington Cumbria CA14 3YX on 2020-03-2323 March 2020AD01 Change of details for Jingye Steel (Uk) Holding Ltd as a person with significant control on 2020-03-2020 March 2020PSC05 Certificate of change of name10 March 2020CERTNM Change of details for Jingye Steel (Uk) Holding Ltd as a person with significant control on 2019-12-206 January 2020PSC05 Incorporation20 December 2019NEWINC What this means for you
If you are a creditor
Contact the administrator 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 →Don't be the last to know next time
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Related guides
The bigger picture
Frequently asked questions
- Is TSP Realisations Limited in administration?
- Yes. TSP Realisations Limited (company number 12373971) entered administration on 24 September 2024. Sean Williams of null was appointed as administrator.
- Who is the administrator of TSP Realisations Limited?
- Sean Williams, a licensed insolvency practitioner at null, was appointed administrator of TSP Realisations Limited on 24 September 2024. Creditors can contact the administrator directly to submit a claim.
- What does TSP Realisations Limited do?
- TSP Realisations Limited's registered nature of business is manufacture of other fabricated metal products n.e.c. (SIC 25990). It is classified in the manufacturing sector.
- Where is TSP Realisations Limited based?
- TSP Realisations Limited's registered office is Unit 13 Kingsway House Kingsway, Gateshead, NE11 0HW. The registered office is the address held on the public register, which is not always the trading address.
- When was TSP Realisations Limited founded?
- TSP Realisations Limited was incorporated on 20 December 2019, 5 years before the administrator was appointed.
- What is TSP Realisations Limited's company number?
- TSP Realisations Limited's registered company number is 12373971.
- Who has significant control of TSP Realisations Limited?
- 1 active person with significant control over TSP Realisations Limited is on the register: Gmet Engineering Limited.
- Does TSP Realisations Limited have any outstanding charges?
- an outstanding charge is registered against TSP Realisations Limited out of 2 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
- Are jobs at TSP Realisations 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 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 TSP Realisations 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 TSP Realisations Limited go into administration?
- TSP Realisations Limited went into administration on 24 September 2024.
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