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Is Yelcon Limited in administration?

Last verified 5 June 2026
In AdministrationYes, Yelcon Limited (company number 00700033) entered administration on 25 November 2024. James Richard Clark of Interpath Advisory was appointed as administrator.

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Yelcon 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 number00700033
Incorporated3 August 1961 (65 years old)
Registered officeC/O Interpath Ltd, 4th Floor, Tailors Corner, Thirsk Row, Leeds, LS1 4DP
Nature of business (SIC)68100: Buying and selling of own real estate
Date entered administration25 November 2024
AdministratorJames Richard Clark, Interpath Advisory (licensed insolvency practitioner)
Official noticeView the official notice ↗
Statement of AffairsFiled 24 December 2024, declared assets & liabilities ↗
Public registerView filing history ↗

About the business

Yelcon Limited is a UK limited company based in Leeds, incorporated in 1961 and 63 years old when the administrator was appointed. Its registered activity is buying and selling of own real estate (SIC 68100). There have been 12 director appointments since incorporation, of which 4 were on the board when the administrator was appointed, alongside 1 person with significant control. 87 charges have been registered against the company, 13 of which are still outstanding.

Directors

12 people have been appointed as directors of Yelcon Limited.

DirectorStatusResigned
Martin Rapley+ 2 othersActive—
Terence Joseph Padian+ 6 othersActive—
Jonathan David Andrew Rapley+ 2 othersActive—
Terence Joseph Padian+ 6 othersActive—
Ben Scott Brier+ 2 othersResigned11 May 2022
Stephen Kenneth Holman+ 3 othersResigned28 Nov 2020
6 former directors · resigned 1993 to 2010
Raymond Herbert Rapley+ 1 otherResigned17 Jun 2010
Lewis James ClarkResigned18 Oct 2005
Stephen Kenneth Holman+ 3 othersResigned5 Sep 2003
David Raymond John Rapley+ 2 othersResigned18 Nov 2002
Lewis James ClarkResigned31 Mar 1999
Linda Carol GrayResigned13 Dec 1993

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.

1 ceased control
  • Scotfield Group Limited · ceased 30 Sep 2022

Charges register

Secured creditors and encumbrances against the company. 13 outstanding · 74 satisfied.

Status · Creditor · Type · Dates
OutstandingHsbc UK Bank PLC
A registered charge · Created 29 Dec 2022 · Pending
OutstandingHsbc UK Bank PLC
A registered charge · Created 9 Mar 2020 · Pending
OutstandingHsbc UK Bank PLC
A registered charge · Created 23 Jul 2019 · Pending
OutstandingHsbc UK Bank PLC
A registered charge · Created 21 Feb 2019 · Pending
OutstandingHsbc UK Bank PLC
A registered charge · Created 19 Dec 2018 · Pending
81 earlier charges · 1977 to 2018
OutstandingHsbc Bank PLC
A registered charge · Created 29 Jun 2018 · Pending
SatisfiedBruva LTD
A registered charge · Created 29 Jun 2018 · Satisfied 3 Oct 2023
SatisfiedHsbc Bank PLC
A registered charge · Created 9 Feb 2016 · Satisfied 15 Mar 2018
OutstandingHsbc Bank PLC
A registered charge · Created 18 Jun 2015 · Pending
SatisfiedHsbc Bank PLC
A registered charge · Created 2 Apr 2015 · Satisfied 15 Mar 2018
SatisfiedHsbc Bank PLC
A registered charge · Created 5 Sep 2014 · Satisfied 15 Mar 2018
SatisfiedHsbc Bank PLC
Legal mortgage · Created 1 Feb 2012 · Satisfied 9 Oct 2014
SatisfiedHsbc Bank PLC
Legal mortgage · Created 20 Oct 2011 · Satisfied 9 Oct 2014
OutstandingHsbc Bank PLC
Deed of legal charge · Created 25 Aug 2010 · Pending
OutstandingHsbc Bank PLC
Legal mortgage · Created 28 Jul 2010 · Pending
OutstandingHsbc Bank PLC
Legal mortgage · Created 5 Mar 2010 · Pending
OutstandingHsbc Bank PLC
Debenture · Created 4 Jun 2008 · Pending
SatisfiedHsbc Bank PLC
Legal mortgage · Created 1 Oct 2007 · Satisfied 15 Mar 2018
SatisfiedHsbc Bank PLC
Legal mortgage · Created 16 Apr 2007 · Satisfied 16 Mar 2018
SatisfiedHsbc Bank PLC
Legal mortgage · Created 29 Jan 2007 · Satisfied 9 Oct 2014
SatisfiedHsbc Bank PLC
Legal mortgage · Created 17 Feb 2006 · Satisfied 9 Oct 2014
SatisfiedHsbc Bank PLC
Legal mortgage · Created 7 Jun 2005 · Satisfied 9 Oct 2014
SatisfiedYelcon LTD
Charge of whole · Created 6 Apr 2001 · Satisfied 5 Sep 2014
SatisfiedMidland Bank PLC
Legal mortgage · Created 2 Nov 1998 · Satisfied 29 May 2002
SatisfiedMidland Bank PLC
Legal mortgage · Created 3 Feb 1998 · Satisfied 16 Mar 2018
SatisfiedMidland Bank PLC
Legal mortgage · Created 21 Feb 1997 · Satisfied 29 May 2002
SatisfiedMidland Bank PLC
Legal mortgage · Created 14 Aug 1996 · Satisfied 14 Apr 1999
SatisfiedMidland Bank PLC
Legal charge · Created 16 May 1995 · Satisfied 3 Mar 1999
SatisfiedMidland Bank PLC
Legal charge · Created 26 Jan 1995 · Satisfied 27 Oct 2000
SatisfiedMidland Bank PLC
Legal charge · Created 26 Jan 1995 · Satisfied 27 Oct 2000
SatisfiedMidland Bank PLC
Legal charge · Created 1 Nov 1994 · Satisfied 29 May 2002
SatisfiedRaymond Herbert Rapley
Mortgage · Created 29 Jul 1994 · Satisfied 29 May 2002
OutstandingMidland Bank PLC
Charge · Created 9 Jun 1994 · Pending
SatisfiedMidland Bank PLC
Legal charge · Created 29 Apr 1994 · Satisfied 29 May 2002
SatisfiedMidland Bank Limited.
Legal charge · Created 11 May 1992 · Satisfied 29 May 2002
SatisfiedMidland Bank PLC
Legal charge · Created 20 Jan 1992 · Satisfied 29 May 2002
SatisfiedTyndall & Co. LTD.
Legal charge · Created 20 Nov 1991 · Satisfied 17 May 2005
OutstandingMidland Bank PLC
Sub-charge · Created 11 Jun 1991 · Pending
SatisfiedMidland Bank PLC
Legal charge · Created 8 May 1991 · Satisfied 28 Oct 1998
SatisfiedMidland Bank PLC
Legal charge · Created 12 Nov 1990 · Satisfied 29 May 2002
SatisfiedMidland Bank PLC
Legal charge · Created 5 Sep 1990 · Satisfied 9 Jan 1995
SatisfiedMidland Bank PLC
Legal charge · Created 5 Sep 1990 · Satisfied 29 May 2002
SatisfiedMidland Bank PLC
Legal charge · Created 5 Sep 1990 · Satisfied 3 Mar 1997
SatisfiedMidland Bank PLC
Legal charge · Created 30 Nov 1989 · Satisfied 18 Jun 1992
SatisfiedMidland Bank PLC
Legal charge · Created 24 Nov 1989 · Satisfied 29 May 2002
SatisfiedMidland Bank PLC
Legal charge · Created 20 Nov 1989 · Satisfied 29 May 2002
SatisfiedMidland Bank PLC
Legal charge · Created 31 Jul 1989 · Satisfied 29 May 2002
SatisfiedMidland Bank PLC
Legal charge · Created 25 Jul 1989 · Satisfied 29 May 2002
SatisfiedMidland Bank PLC
Legal charge · Created 20 Jul 1989
SatisfiedMidland Bank PLC
Legal charge · Created 10 May 1989 · Satisfied 29 May 2002
SatisfiedMidland Bank PLC
Legal charge · Created 3 Mar 1989 · Satisfied 29 May 2002
SatisfiedMidland Bank PLC
Legal charge · Created 1 Dec 1988 · Satisfied 30 Jun 1993
SatisfiedMidland Bank PLC
Legal charge · Created 9 Nov 1988 · Satisfied 29 May 2002
SatisfiedMidland Bank PLC
Legal charge · Created 9 Nov 1988
SatisfiedMidland Bank PLC
Legal charge · Created 9 Nov 1988 · Satisfied 29 May 2002
SatisfiedMidland Bank PLC
Legal charge · Created 9 Nov 1988 · Satisfied 29 May 2002
SatisfiedMidland Bank PLC
Legal charge · Created 11 Mar 1988 · Satisfied 4 Aug 1989
SatisfiedMidland Bank PLC
Legal charge · Created 12 Feb 1988 · Satisfied 29 May 2002
SatisfiedMidland Bank PLC
Legal charge · Created 5 Jan 1988 · Satisfied 5 Jan 1990
SatisfiedMidland Bank PLC
Legal charge · Created 16 Nov 1987 · Satisfied 29 May 2002
SatisfiedMidland Bank PLC
Legal charge · Created 16 Oct 1987 · Satisfied 29 May 2002
SatisfiedMidland Bank PLC
Legal charge · Created 16 Oct 1987 · Satisfied 4 Aug 1989
SatisfiedMidland Bank PLC
Legal charge · Created 16 Oct 1987 · Satisfied 29 May 2002
SatisfiedBarclays Bank PLC
Legal charge · Created 7 Oct 1987 · Satisfied 29 May 2002
SatisfiedMidland Bank PLC
Legal charge · Created 5 Oct 1987 · Satisfied 21 Apr 1993
SatisfiedMidland Bank PLC
Legal charge · Created 5 Oct 1987
SatisfiedMidland Bank PLC
Legal charge · Created 23 Sep 1987 · Satisfied 9 Jan 1995
SatisfiedMidland Bank PLC
Legal charge · Created 30 Jun 1986
SatisfiedMidland Bank PLC
Legal charge · Created 12 May 1986 · Satisfied 29 May 2002
SatisfiedMidland Bank PLC
Legal charge · Created 10 Apr 1986
SatisfiedMidland Bank PLC
Legal charge · Created 10 Mar 1986 · Satisfied 18 Jun 1992
SatisfiedMidland Bank PLC
Legal charge · Created 31 Oct 1985 · Satisfied 3 Sep 2014
SatisfiedMidland Bank PLC
Legal charge · Created 30 Oct 1985 · Satisfied 17 Jul 1991
SatisfiedMidland Bank PLC
Legal charge · Created 31 Jul 1985 · Satisfied 29 May 2002
SatisfiedMidland Bank PLC
Legal charge · Created 1 May 1985 · Satisfied 29 May 2002
SatisfiedMidland Bank PLC
Legal charge · Created 12 Apr 1985 · Satisfied 18 Jun 1992
SatisfiedMidland Bank PLC
Legal charge · Created 5 Oct 1984 · Satisfied 29 May 2002
SatisfiedMidland Bank PLC
Legal charge · Created 14 Nov 1983 · Satisfied 5 May 1992
SatisfiedMidland Bank PLC
Legal charge · Created 20 Oct 1983
SatisfiedMidland Bank PLC
Legal charge · Created 18 Oct 1983 · Satisfied 29 May 2002
SatisfiedMidland Bank PLC
Legal charge · Created 8 Sep 1982
SatisfiedMidland Bank PLC
Legal charge · Created 24 Mar 1982 · Satisfied 29 May 2002
SatisfiedMidland Bank PLC
Mortgage · Created 1 Feb 1980 · Satisfied 29 May 2002
SatisfiedMidland Bank PLC
Charge · Created 24 Sep 1979 · Satisfied 29 May 2002
SatisfiedMidland Bank PLC
Charge · Created 8 Aug 1979 · Satisfied 29 May 2002
SatisfiedMidland Bank PLC
Mortgage · Created 12 Dec 1977 · Satisfied 29 May 2002
SatisfiedMidland Bank PLC
Charge on agreement · Created 22 Sep 1976 · Satisfied 29 May 2002

What happened

EventDateType
Administrator's progress report28 June 2026AM10
Administrator's progress report22 December 2025AM10
Notice of extension of period of Administration13 November 2025AM19
Administrator's progress report18 June 2025AM10
Notice of deemed approval of proposals13 January 2025AM06
258 earlier events · 1961 to 2024
Statement of administrator's proposal31 December 2024AM03
Statement of affairs24 December 2024AM02
Registered office address changed3 December 2024AD01
Appointment of an administrator25 November 2024AM01
Confirmation statement made with no updates7 June 2024CS01
Memorandum and Articles of Association24 April 2024MA
Current accounting period extended24 April 2024AA01
Resolutions21 March 2024RESOLUTIONS
Satisfaction of charge in full3 October 2023MR04
Amended group of companies' accounts made up8 September 2023AAMD
Group of companies' accounts made up12 July 2023AA
Cessation as a person with significant control24 May 2023PSC07
Confirmation statement made with updates24 May 2023CS01
Registration of charge , created4 January 2023MR01
Full accounts made up26 September 2022AA
Confirmation statement made with no updates22 July 2022CS01
Termination of appointment as a director25 May 2022TM01
Full accounts made up14 September 2021AA
Confirmation statement made with no updates20 August 2021CS01
Termination of appointment as a director7 December 2020TM01
Full accounts made up7 October 2020AA
Appointment as a director3 September 2020AP01
Appointment as a director3 September 2020AP01
Confirmation statement made with no updates24 July 2020CS01
Registration of charge , created11 March 2020MR01
Full accounts made up6 October 2019AA
Registered office address changed16 September 2019AD01
Confirmation statement made with no updates5 August 2019CS01
Registration of charge , created26 July 2019MR01
Registration of charge , created25 February 2019MR01
Registration of charge , created20 December 2018MR01
Amended full accounts made up18 December 2018AAMD
Full accounts made up5 October 2018AA
Confirmation statement made with no updates6 August 2018CS01
Registration of charge , created14 July 2018MR01
Registration of charge , created6 July 2018MR01
Previous accounting period extended8 May 2018AA01
Satisfaction of charge in full16 March 2018MR04
Satisfaction of charge in full16 March 2018MR04
Satisfaction of charge in full15 March 2018MR04
Satisfaction of charge in full15 March 2018MR04
Satisfaction of charge in full15 March 2018MR04
Satisfaction of charge in full15 March 2018MR04
Notification as a person with significant control8 March 2018PSC01
Confirmation statement made with no updates4 August 2017CS01
Accounts for a small company made up5 July 2017AA
Confirmation statement made with updates22 July 2016CS01
Accounts for a small company made up30 June 2016AA
Registration of charge , created13 February 2016MR01
Annual return made up with full list of shareholders27 July 2015AR01
Accounts for a small company made up2 July 2015AA
Registration of charge , created20 June 2015MR01
Registration of charge , created8 April 2015MR01
Satisfaction of charge in full9 October 2014MR04
Satisfaction of charge in full9 October 2014MR04
Satisfaction of charge in full9 October 2014MR04
Satisfaction of charge in full9 October 2014MR04
Satisfaction of charge in full9 October 2014MR04
Registration of charge , created17 September 2014MR01
Satisfaction of charge in full5 September 2014MR04
Satisfaction of charge in full3 September 2014MR04
Annual return made up with full list of shareholders11 July 2014AR01
Accounts for a small company made up2 July 2014AA
Annual return made up with full list of shareholders17 July 2013AR01
Accounts for a small company made up2 July 2013AA
Annual return made up with full list of shareholders19 July 2012AR01
Accounts for a small company made up22 June 2012AA
Appointment as a director31 May 2012AP01
Legacy4 February 2012MG01
Legacy21 October 2011MG01
Group of companies' accounts made up2 August 2011AA
Annual return made up with full list of shareholders29 July 2011AR01
Legacy6 September 2010MG01
Legacy3 August 2010MG01
Termination of appointment as a director27 July 2010TM01
Annual return made up with full list of shareholders27 July 2010AR01
Group of companies' accounts made up3 June 2010AA
Legacy17 March 2010MG01
Legacy7 July 2009363a
Accounts for a medium company made up29 May 2009AA
Legacy12 August 2008363a
Accounts for a small company made up16 July 2008AA
Legacy6 June 2008395
Legacy3 October 2007395
Accounts for a small company made up1 August 2007AA
Legacy31 July 2007363s
Legacy28 April 2007395
Legacy31 January 2007395
Legacy20 July 2006363s
Accounts for a small company made up6 June 2006AA
Legacy21 February 2006395
Legacy27 October 2005288b
Legacy27 October 2005288a
Legacy22 July 2005363s
Accounts for a small company made up14 July 2005AA
Legacy10 June 2005395
Legacy17 May 2005403a
Legacy11 March 2005288a
Legacy11 March 2005288b
Legacy24 September 2004288a
Legacy24 September 2004288b
Accounts for a small company made up27 July 2004AA
Legacy22 July 2004363s
Legacy4 December 2003287
Legacy23 September 2003288a
Legacy23 September 2003288b
Full accounts made up5 August 2003AA
Legacy25 July 2003363s
Legacy28 January 2003288a
Legacy17 December 2002288b
Amended full accounts made up6 August 2002AAMD
Legacy18 July 2002363s
Full accounts made up24 June 2002AA
Legacy29 May 2002403a
Legacy29 May 2002403a
Legacy29 May 2002403a
Legacy29 May 2002403a
Legacy29 May 2002403a
Legacy29 May 2002403a
Legacy29 May 2002403a
Legacy29 May 2002403a
Legacy29 May 2002403a
Legacy29 May 2002403a
Legacy29 May 2002403a
Legacy29 May 2002403a
Legacy29 May 2002403a
Legacy29 May 2002403a
Legacy29 May 2002403a
Legacy29 May 2002403a
Legacy29 May 2002403a
Legacy29 May 2002403a
Legacy29 May 2002403a
Legacy29 May 2002403a
Legacy29 May 2002403a
Legacy29 May 2002403a
Legacy29 May 2002403a
Legacy29 May 2002403a
Legacy29 May 2002403a
Legacy29 May 2002403a
Legacy29 May 2002403a
Legacy29 May 2002403a
Legacy29 May 2002403a
Legacy29 May 2002403a
Legacy29 May 2002403a
Legacy29 May 2002403a
Legacy29 May 2002403a
Legacy29 May 2002403a
Legacy29 May 2002403a
Legacy18 July 2001363s
Full accounts made up18 July 2001AA
Legacy21 April 2001395
Legacy27 October 2000403a
Legacy27 October 2000403a
Legacy19 July 2000363s
Full accounts made up17 April 2000AA
Legacy29 July 1999363s
Full accounts made up2 June 1999AA
Legacy14 April 1999403a
Legacy8 April 1999288b
Legacy3 March 1999403a
Legacy10 November 1998395
Legacy28 October 1998403a
Full accounts made up30 July 1998AA
Legacy24 July 1998363s
Legacy4 February 1998395
Legacy24 July 1997363s
Full accounts made up29 April 1997AA
Legacy3 March 1997403a
Legacy26 February 1997395
Legacy15 August 1996395
Legacy29 July 1996363s
Full accounts made up4 July 1996AA
Legacy25 July 1995363s
Full accounts made up6 June 1995AA
Legacy17 May 1995395
Legacy27 January 1995395
Legacy27 January 1995395
Legacy9 January 1995403a
Legacy9 January 1995403a
A selection of documents registered before 1 January 19951 January 1995PRE95
Legacy4 November 1994395
Legacy16 August 1994395
Full accounts made up1 August 1994AA
Legacy28 July 1994363s
Legacy11 June 1994395
Legacy6 May 1994395
Legacy4 January 1994288
Legacy30 July 1993363s
Full accounts made up28 July 1993AA
Legacy30 June 1993403a
Legacy21 April 1993403a
Legacy6 November 1992363s
Full accounts made up31 July 1992AA
Legacy18 June 1992403a
Legacy18 June 1992403a
Legacy18 June 1992403a
Legacy12 May 1992395
Legacy5 May 1992403a
Legacy21 January 1992395
Legacy28 November 1991395
Full group accounts made up28 July 1991AA
Legacy28 July 1991363b
Legacy17 July 1991403a
Legacy13 June 1991395
Legacy9 May 1991395
Legacy14 November 1990395
Legacy5 November 1990403a
Legacy5 November 1990403a
Legacy5 November 1990403a
Legacy23 October 1990288
Resolutions24 September 1990RESOLUTIONS
Legacy12 September 1990395
Legacy12 September 1990395
Legacy12 September 1990395
Legacy11 July 1990363
Full accounts made up11 July 1990AA
Legacy10 July 1990288
Legacy5 January 1990403a
Legacy8 December 1989395
Legacy30 November 1989395
Legacy22 November 1989395
Legacy4 August 1989403a
Legacy4 August 1989403a
Legacy2 August 1989395
Legacy1 August 1989395
Legacy27 July 1989395
Legacy12 July 1989363
Full accounts made up12 July 1989AA
Legacy12 May 1989395
Legacy9 May 1989403a
Legacy9 May 1989403a
Legacy8 March 1989395
Legacy5 December 1988395
Legacy10 November 1988395
Legacy10 November 1988395
Legacy10 November 1988395
Legacy10 November 1988395
Legacy5 August 1988363
Full accounts made up5 August 1988AA
Legacy18 March 1988395
Legacy1 March 1988403b
Legacy1 March 1988403b
Legacy24 February 1988395
Legacy13 January 1988395
Legacy23 November 1987395
Legacy23 October 1987395
Legacy20 October 1987395
Legacy12 October 1987395
Legacy12 October 1987395
Legacy2 October 1987395
Legacy30 July 1987363
Full accounts made up30 July 1987AA
A selection of documents registered before 1 January 19871 January 1987PRE87
Legacy12 May 1986363
Full accounts made up12 May 1986AA
Legacy7 November 1985395
Incorporation3 August 1961NEWINC
Miscellaneous3 August 1961MISC
Certificate of change of name3 August 1961CERTNM

What this means for you

If you are a creditor

Contact the administrator (Interpath Advisory) 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

Most suppliers only find out a customer has failed once it is announced. By then it is too late. Protect monitors every company you sell to and emails you as the warning signs build, well before it becomes official. We can't stop a customer failing, but you'll never be the last to know, and you'll know you did all you could.

See how Protect works, £24/mo →

Other companies in administration

Companies in administration in Leeds →All UK companies in administration →

Related guides

What “in administration” means →Can it still trade? →Warning signs in your other customers →Buying its assets? A checklist →What the filings mean →

The bigger picture

The state of UK insolvency →UK administrations this month →Administrations by sector →

Frequently asked questions

Is Yelcon Limited in administration?
Yes. Yelcon Limited (company number 00700033) entered administration on 25 November 2024. James Richard Clark of Interpath Advisory was appointed as administrator.
Who is the administrator of Yelcon Limited?
James Richard Clark, a licensed insolvency practitioner at Interpath Advisory, was appointed administrator of Yelcon Limited on 25 November 2024. Creditors can contact the administrator directly to submit a claim.
What does Yelcon Limited do?
Yelcon Limited's registered nature of business is buying and selling of own real estate (SIC 68100).
Where is Yelcon Limited based?
Yelcon Limited's registered office is C/O Interpath Ltd, 4th Floor, Tailors Corner, Thirsk Row, Leeds, LS1 4DP. The registered office is the address held on the public register, which is not always the trading address.
When was Yelcon Limited founded?
Yelcon Limited was incorporated on 3 August 1961, 63 years before the administrator was appointed.
What is Yelcon Limited's company number?
Yelcon Limited's registered company number is 00700033.
Who has significant control of Yelcon Limited?
1 active person with significant control over Yelcon Limited is on the register: Mr Martin Rapley.
Does Yelcon Limited have any outstanding charges?
13 outstanding charges are registered against Yelcon Limited out of 87 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
Are jobs at Yelcon 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 (Interpath Advisory) 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 Yelcon 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 Yelcon Limited go into administration?
Yelcon Limited went into administration on 25 November 2024.

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