CSDL Realisations 2022 Limited (03522655): administration
- Status
- Administration ended
- Administration began
- 2022-08-18
- Administrators
- Christopher Robert Pole, Howard Smith
- Administrators' firm
- Interpath Advisory
- Formerly
- Concept Sign and Display Limited
- Incorporated
- 1998-03-06
- Location
- Birmingham
- Industry
- 82990 Other business support service activities n.e.c.
Why it went into administration
- COVID-19
- Creditor pressure / legal action
- Sustained trading losses
- Competition / price pressure
From the administrators' statement
Concept Sign and Display Limited was incorporated on 6 March 1998. The main activity of the Company was the design and installation of signage, specialising latterly in digital turnkey solutions for large format display.
The Company employed 17 members of staff which operated from a leasehold property in Wolverhampton and also occupied a serviced office in Birmingham.
The Company entered Administration on 18 August 2022 and immediately completed a sale of the business and assets to an unconnected newly formed entity called Concept Signs Limited, backed by UK Private Equity fund Elaghmore.
Administrators' statement of proposals (2022-09-21) · Companies House register