A UK agricultural company has plunged into liquidation after only being in business for four years. Founded in 2022, it is the end of the road for the company after shareholders decided to wind up the business. Beacon International Trading Limited, which is based in Des Roches Square in Witney, Oxfordshire, entered administration on April 24, 2026, an official notice in the London Gazette revealed. Rob Keyes and David Taylor, both of KRE Corporate Recovery Limited, were appointed as joint liquidators.
The company entered Creditors' Voluntary Liquidation, which is a process used when a business is insolvent and cannot repay its debts, so its shareholders voluntarily decide to wind it up and sell off its assets to repay debts. 75% of shareholders must agree to the move before the process can begin. It comes as many businesses, from construction firms to furniture manufacturers, enter difficult trading periods and suffer the effects of high energy bills and increased material and supply costs.
Beacon International Trading Limited describes itself as "a trusted global partner for wholesale procurement and supply chain solutions". It supplied a range of things to its clients in the agriculture sector, such as tractors, first aid supplies and agricultural machinery.
The company's website states: "Our strength lies in our extensive network of international partners and long-standing industry relationships, which allow us to procure thousands of products across multiple sectors - with a particular focus on agricultural machinery, arable farming supplies, and livestock procurement."
Before entering liquidation, the company had experience in several international markets, including the US, Canada and Australia.
The notice of liquidation for the company reads: "The Resolution below was considered by the Shareholders of the above-named Company, and on 24 April 2026 the following Written Special and Ordinary Resolution were duly passed:
"That the Company be wound up voluntarily and that Rob Keyes (IP No. 008841) and David Taylor (IP No. 13790) both of KRE Corporate Recovery Limited, Unit 8, The Aquarium, 1-7 King Street, Reading, RG1 2AN are hereby appointed Joint Liquidators for the purpose of the winding up."
The business's most recent financial statement reported creditors of £579,795 falling within a year, reports the South West Farmer.
The liquidators for the company have been contacted for comment.
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