# Ethos Group Holdings Limited (04623246)

> Why UK company 04623246 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/04623246

- **Status:** In administration
- **Administration began:** 2026-03-03
- **Administrators:** Philip Lewis Armstrong, Philip James Watkins
- **Administrators' firm:** FRP Advisory
- **Formerly:** Ethos Group Holdings PLC
- **Incorporated:** 2002-12-20
- **Location:** London
- **Industry:** 70100 Activities of head offices

## Why it went into administration

- COVID-19
- Competition / price pressure
- Cash flow / liquidity pressure

## From the administrators' statement

For an extended period of time following the Covid-19 pandemic, the Company together with its subsidiaries experienced prolonged financial pressure and liquidity constraints arising from dwindling demand across its core markets as people spent less time in the workplace. The Group’s management had atempted to stabilise the position, however, the Company and wider Group continued to struggle to meet its financial obligations.

In the months leading up to the administration, the directors explored a number of remedial options. This included contingency planning, seeking a solvent sale of the Group and a potential management buy-out. A competitive sales process was undertaken, albeit this did not result in a buyer being successfully found for the Group.

Ethos Group Holdings Limited The Administrators’ Proposals

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/04623246/filing-history/MzUxNDc2MTE1NGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/04623246

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