# Dobuild Direct Ltd (05775143)

> Why UK company 05775143 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05775143

- **Status:** Administration ended
- **Administration began:** 2013-12-02
- **Administrators' firm:** Antony Batty
- **Incorporated:** 2006-04-10
- **Location:** London
- **Industry:** 46130 Agents involved in the sale of timber and building materials

## Why it went into administration

- Bad debts / customer insolvency
- Cash flow / liquidity pressure
- HMRC / tax arrears
- Creditor pressure / legal action
- Sustained trading losses

## From the administrators' statement

Background DoBuild was incorporated on 10 April 2006 and started trading tn 2007 as a website based

builders’ merchant, acting as an agent selling building materials Online via a network of suppliers who delivered direct to the customers At this time, no stock was required and by 2009, the business was based In a small sales office with four staff, including the Founding director

In 2010, the bustness opened its first bullders' merchant site in Reigate (stock holding site), where the business turned into a proper builders’ merchant, whilst still trading online In the year ended 30 May 2011turnover was around £2 milllon The Company’s internet model was based on cash customers, however the stock holding yard meant that credit customers had to be taken on

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05775143/filing-history/MzA5MDg5NzI2NWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05775143

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