# Building Supplies Online Limited (07117640)

> Why UK company 07117640 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/07117640

- **Status:** Administration ended
- **Administration began:** 2022-06-20
- **Administrators:** Sarah Cook, David Frederick Shambrook
- **Administrators' firm:** FRP Advisory
- **Incorporated:** 2010-01-06
- **Location:** London
- **Industry:** 46130 Agents involved in the sale of timber and building materials

## Why it went into administration

- Regulatory change or action
- COVID-19
- Rising costs / inflation
- Supply chain disruption
- Funding withdrawn / unable to refinance
- Sustained trading losses

## From the administrators' statement

The Company was incorporated on 6 January 2010 and operated as a family run builder’s merchant.

The Company offered a range of building products, from industry-leading manufacturers direct to the trade and public, at trade prices.

During 2017, the Company obtained investment from Cairngorm, a fund advised by Cairngorm Capital Partners LLP, who acquired a majority shareholding through a holding company, Distribution Holdings Limited.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/07117640/filing-history/MzM0ODExNzUwOGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/07117640

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