Disign House Maidstone Limited (08088509): administration
- Status
- Administration ended
- Administration began
- 2022-10-28
- Administrators
- John William Butler, Andrew James Nichols, Ashok K Bhardwaj
- Administrators' firm
- Metis Partners and Gilbert Baitson
- Incorporated
- 2012-05-30
- Location
- Driffield
- Industry
- 43342 Glazing
Why it went into administration
- COVID-19
- Cash flow / liquidity pressure
- HMRC / tax arrears
From the administrators' statement
For many years, the Company traded successfully, establishing an extensive customer base and supplying domestic and residential double-glazing units throughout the South East / West of England.
Trade continued to grow but following the first national Covid 19 lockdown in March 2020, customer spending habits changed and sales began to decrease. The company continued to trade, offering discounts and inducements to attract customers.
The Company began to get in arrears in respect of its obligations to HMRC and by June 2022, the Company’s debts to HMRC had become substantial such that the Company was clearly unable to pay its debts as and when they fell due.
Administrators' statement of proposals (2022-12-23) · Companies House register