Prefix Systems Holdings Limited (10444603): administration and why it failed

Prefix Systems Holdings Limited (10444603): administration

Status: In administration
Administration began: 2025-01-08
Administrators: Andrew Knowles, Hilary Pascoe
Administrators' firm: Leonard Curtis
Incorporated: 2016-10-25
Location: Manchester
Industry: 32990 Other manufacturing n.e.c.

Why it went into administration

Creditor pressure / legal action
Sustained trading losses
Bad debts / customer insolvency
Parent or group failure
Competition / price pressure

From the administrators' statement

Prefix Systems commenced trading in 1996 with the various subsidiaries subsequently incorporated as follows:

Registered Name

Company Reference Number

Administrators' statement of proposals (2025-03-10) · Companies House register

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Prefix Systems Holdings Limited (10444603): administration

Why it went into administration

From the administrators' statement

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Prefix Systems Holdings Limited (10444603)