# Red ASB Limited (02725915)

> Why UK company 02725915 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/02725915

- **Status:** In administration
- **Administration began:** 2025-03-05
- **Administrators:** John William Butler, Andrew James Nichols
- **Administrators' firm:** Metis Partners and Gilbert Baitson
- **Formerly:** Alsim System Building Limited; Alsim Leisure Limited; Alsim Limited; Shelfco (No. 772) Limited
- **Incorporated:** 1992-06-24
- **Location:** Driffield
- **Industry:** 25990 Manufacture of other fabricated metal products n.e.c.

## From the administrators' statement

The Company was recognised as a leader in the secure accommodation market, providing portable secure modular accommodation solutions.

The Company had, historically, traded successfully but in recent thmes, due to the increase in the costs of steel, electricity, gas and the proposed NI increase for employers, the directors recognised that the Company was beginning to struggle financially. The Company was also starting to come under pressure from its creditors.

The directars consulted with Redman Nichols Butler on 3 March 2025 for advice.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/02725915/filing-history/MzQ2MzUwNDI0MGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/02725915

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.