Fourbay Structures Limited (02876505): administration and why it failed

Fourbay Structures Limited (02876505): administration

Status: Administration ended
Administration began: 2024-08-15
Administrators: Stuart Morton, Matthew Robert Howard
Administrators' firm: Price Bailey
Incorporated: 1993-11-30
Location: Norwich
Industry: 25990 Manufacture of other fabricated metal products n.e.c.

Why it went into administration

COVID-19
Rising costs / inflation
Property / lease costs
Brexit
Rising interest rates
HMRC / tax arrears
Bad debts / customer insolvency
Sustained trading losses

From the administrators' statement

1.1

1.2

1.3

Administrators' statement of proposals (2024-11-06) · Companies House register

Dig into any UK company's accounts

Search a company to fetch every set of accounts it has filed at Companies House, from incorporation to the latest filing. Tagged (iXBRL) accounts are read directly. Older scanned PDF accounts are read with OCR (optical character recognition).

Profit & loss: revenue, margins and profit, year by year
Balance sheet: assets, liabilities, working capital and net assets
Cash flow: operating, investing and financing flows and free cash flow
Groups: consolidated figures are used when a group files group accounts

Fourbay Structures Limited (02876505): administration

Why it went into administration

From the administrators' statement

Processing now

Recently viewed & analysed

Fourbay Structures Limited (02876505)