Adastra Access Limited - administration

Adastra Access Limited, a Walsall-based supplier of specialist access equipment to the construction industry, entered administration on 20 June. Blair Nimmo and Alistair McAlinden of Interpath Advisory were appointed Joint Administrators, and said that the company had faced “significant operational, health and safety and financial challenges, which resulted in trading losses and significant cashflow pressure”. 38 employees have been made redundant, while two have been retained to assist the administrators. Various HSBC Bank entities and Lombard North Central PLC have a registered charge against the company.