Hotech Edge Limited (05234166): administration
- Status
- In administration
- Administration began
- 2014-03-28
- Administrators
- Stephen John Evans, William Antony Batty
- Administrators' firm
- Antony Batty
- Incorporated
- 2004-09-17
- Location
- London
- Industry
- 80200 Security systems service activities
Why it went into administration
- Parent or group failure
From the administrators' statement
1) Ordering thousands of safes at a substantial cost, without pre selling them 2) Operations being spread too far geographically
3) Changes tn student immigration laws and reduction tn number of students 4) Previous management acting without approval of the board
5) Premier Inn safes breaking down
Administrators' statement of proposals (2014-05-23) · Companies House register