Glisser Ltd (08870844): administration and why it failed

Glisser Ltd (08870844): administration

Status: Administration ended
Administration began: 2023-02-13
Administrators: Carl Derek Faulds, Stewart Goldsmith
Administrators' firm: Leonard Curtis
Incorporated: 2014-01-31
Location: Fareham
Industry: 62090 Other information technology service activities

Why it went into administration

COVID-19
Competition / price pressure
Property / lease costs
Rising costs / inflation
Over-expansion / investment not recovered

From the administrators' statement

2.1

2.2

2.3

Administrators' statement of proposals (2023-03-22) · Companies House register

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Glisser Ltd (08870844): administration

Why it went into administration

From the administrators' statement

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Glisser Ltd (08870844)