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UK tool and machinery company falls into administration resulting in loss of 75 jobs
The supplier employed about 135 people and had faced liquidity issues after its parent company collapsed, according to Business Sale Report.
- Leicestershire-Based United Tooling Solutions Limited entered administration on June 18, resulting in 75 redundancies, with Kristopher Aspin of Ernst & Young LLP appointed administrator.
- The supplier faced 'challenging trading' and liquidity issues, compounded by parent company Troy Limited's collapse in October 2024, which caused supply chain restrictions and revenue impacts.
- Before collapse, United Tooling Solutions employed around 135 people across 11 branches, supporting more than 20,000 customers while operating losses rose to nearly £3.3 million.
- United Tooling Solutions has now 'largely ceased to trade,' though some staff were retained to assist administrators exploring ways to realize value from remaining assets.
- This collapse reflects wider instability across the UK high street, where several retailers and travel companies have entered administration or liquidation throughout 2026, forcing widespread store closures.
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The Herald Scotland+11 Reposted by 11 other sources
UK tool and machinery company falls into administration resulting in loss of 75 jobs
UK tool and machinery supplier, United Tooling Solutions Limited, has fallen into administration, resulting in the loss of 75 jobs.
·Scotland, United Kingdom
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Total News Sources12
Leaning Left1Leaning Right0Center10Last UpdatedBias Distribution91% Center
Bias Distribution
- 91% of the sources are Center
91% Center
C 91%
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