A number of major UK businesses have entered administration this week, struggling amid a wave of expense hikes. This year, high street staples have collapsed into administration, including beloved fashion retailers and accessories shops. According to law firm Shakespeare Martineau, 1,631 UK businesses filed for administration in 2025, and more have been added to the list for this year.
Companies Entering Administration
Companies entering administration include a longstanding mattress maker, a juice brand, and a construction company.
Airsprung
Mattress and bed producer Airsprung made 71 people redundant after being in business for 150 years. Administrators from PwC said directors had "no choice" but to place the company in administration. They promised to "support" employees throughout this "unsettling" period in the company's long history. The administration follows years of difficult trading conditions and months of cashflow challenges. Airsprung has produced beds and mattresses from its factory in Trowbridge for more than 150 years. It has also made beds for hotels and filling for sports stadium seating under brands Gainsborough and Airofreem. The company's products are made for shops such as Dunelm and Asda. CEO and Director Tean Dallaway said it was "very sad and disappointing."
Press
The food and drink company known for selling juice cleanses and smoothies, as well as healthy meal plans and nutritionist-designed soups, has entered administration. Press products were stocked in supermarket giants Asda, Sainsbury's, and Marks and Spencer. Marco Piacquadio and Rachel Elizabeth Ennis from FTS Recovery Limited were recently appointed administrators, according to Companies House. Companies House said: "When a company goes into administration, they have entered a legal process (under the Insolvency Act 1986) with the aim of achieving one of the statutory objectives of an administration. This may be to rescue a viable business that is insolvent due to cash flow problems. An appointment of an administrator (a licensed insolvency practitioner) will be made by directors, a creditor or the court to fulfil the administration process."
Calvert Construction Limited
The construction contractor, which specialises in commercial building projects, formally entered administration following an appointment of administrators made on Friday, May 1, according to The London Gazette. The appointment was confirmed in the High Court of Justice, Business and Property Courts in Manchester, Insolvency & Companies List (ChD). Joint administrators Anthony Milnes and Mike Dillon of Leonard Curtis were appointed to oversee the process. The Mirror has contacted Press and Calvert Construction Limited for comment.
