# B360 Limited (10246481)

> Why UK company 10246481 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/10246481

- **Status:** In administration
- **Administration began:** 2025-06-11
- **Administrators:** Julie Anne Palmer, Andrew Hook
- **Administrators' firm:** Begbies Traynor
- **Incorporated:** 2016-06-22
- **Location:** Salisbury
- **Industry:** 59113 Television programme production activities

## Why it went into administration

- Creditor pressure / legal action

## From the administrators' statement

The Company was incorporated on 22 June 2016 by Barry Denison and provided production services such a lighting, rigging and power solutions in the live television and event industries. The Company’s services were largely categorised into four areas: permanent installation, temporary installation, dry hire and power generation / distribution.

The Company experienced significant growth, evidenced by the increase in turnover from £3,085,430 for the year ended 30 June 2022 to £4,025,054 for the year ended 30 June 2023. Profit after taxation also increased from £143,167 for the year ended 30 June 2022 to £305,278 for the year ended 30 June 2023.

The Company first began to experience financial difficulty in 2024 due to the unexpected loss of a c£1million ‘project, which had an estimated profit of cE300,000. This left the Company with a significant cash deficit as it had planned to utilise the profit from the project to fund the Company’s bespoke hybrid generator, which was - already ordered and in production when the project was lost.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/10246481/filing-history/MzQ3NTYzMjg2MGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/10246481

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