Edge DBS Limited (06496485): administration and why it failed

Edge DBS Limited (06496485): administration

Status: Administration ended
Administration began: 2022-07-21
Administrators: Brian Burke, Andrew Andronikou
Administrators' firm: Quantuma
Incorporated: 2008-02-07
Location: Brighton
Industry: 43220 Plumbing, heat and air-conditioning installation

Why it went into administration

Bad debts / customer insolvency
Rising costs / inflation
Creditor pressure / legal action
Loss of a key customer, supplier or contract
Loss-making contracts / project overruns

From the administrators' statement

3.1

3.2

3.3

Administrators' statement of proposals (2022-09-20) · Companies House register

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Edge DBS Limited (06496485): administration

Why it went into administration

From the administrators' statement

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Edge DBS Limited (06496485)