PBX (2015) Limited (09316597): administration and why it failed

PBX (2015) Limited (09316597): administration

Status: Administration ended
Administration began: 2024-05-24
Administrators: Brian Burke, Marc Norman
Administrators' firm: Quantuma
Formerly: POP Brixton Limited
Incorporated: 2014-11-18
Location: Brighton
Industry: 68209 Other letting and operating of own or leased real estate

Why it went into administration

Weak consumer demand

From the administrators' statement

3.1

3.2

Quantuma Advisory Limited were first approached by the Company in December 2023 to provide advice on the options available and, following a period of review, were formally instructed in May 2024.

Administrators' statement of proposals (2024-07-24) · Companies House register

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PBX (2015) Limited (09316597): administration

Why it went into administration

From the administrators' statement

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PBX (2015) Limited (09316597)