Thursday April 17, 2025 Aggregates firm Ashville went down owing more than £3m

Debts revealed in Companies House update

Administrators at Ashville Aggregates and Concrete have confirmed the company owed more than £3m when it ceased trading in February.

An update posted at Companies House by administrator Leonard Curtis revealed the scale of debts at the firm.

Administrators were sent in by Ashville’s main funder Cynergy Business Finance who are owed £950,000.

Unsecured creditors were owed £2.5m including £1.5m owed to a string of suppliers and subcontractors with HMRC owed £566,000 and owner Daniel Ashville Louisy owed £500,000.