A wave of administrations has hit UK businesses across multiple sectors, with five companies recently collapsing, including a 150-year-old furniture manufacturer, a housebuilder, and a party planning firm. The developments add to a growing tally of corporate failures in 2026, with thousands of firms facing similar fates this year.
Airsprung Group
The Wiltshire-based mattress and bed manufacturer, a supplier to major retailers for 150 years, has entered administration after enduring tough trading conditions. Despite exploring every available avenue to save itself, the firm ultimately had no option but to call in administrators. A total of 71 staff were made redundant, while remaining employees were retained to assist with ongoing operations. The business continues to trade for now.
Groupia
Groupia, a stag and hen party organiser founded in 1999, has collapsed into administration and ceased trading entirely. No further bookings can be made. The firm confirmed that trips scheduled to depart on or before August 31 will still go ahead, with full refunds issued for any bookings from September 1 onwards.
Devonshire Homes
The housebuilding firm, trading for more than 30 years and originally known as Langworthy Construction, has entered administration. It operated across Devon, Cornwall, and Somerset, constructing over 2,000 homes since 2008. The company focused on traditional rural properties with thatched roofs, modern flats, and new houses, and also renovated Grade II listed buildings.
Ardmore
Following a significant High Court judgment in April, construction contractor Ardmore entered administration. Established in 1974, Ardmore's group includes Ardmore Hotels & Commercial, Ardmore Major Projects, Ardmore Fitout, Landmark Facades, and Ardmore Regeneration. The company had approximately 77 employees and attributed its troubles to a partly finished timber-frame scheme that proved far more expensive to complete than expected.
BMB Logistics
The UK-based food distribution business, based in Tonbridge, Kent, has gone into administration after only three years of operation. The firm specialised in temperature-sensitive goods and claimed to provide cost-effective, highly efficient services tailored to customer needs. The reason for the administration remains unclear.
