Safe DIG Utilities Ltd (10556965): administration
- Status
- In administration
- Administration began
- 2026-07-03
- Administrators
- Nicholas John Edwards, Graham Paul Bushby
- Administrators' firm
- RSM
- Incorporated
- 2017-01-11
- Location
- Milton Keynes
- Industry
- 82990 Other business support service activities n.e.c.
Why it went into administration
- HMRC / tax arrears
- Creditor pressure / legal action
From the administrators' statement
Relevant extracts from the Company’s financial statements and available management
accounts are summarised below.
Management Accounts Statutory Accts Statutory Accts For 12 month For 12 month For 12 month Period ended Period ended Period ended 25 June 2026 31 January 2025 31 January 2024 Profit and Loss Account Turnover 16,568,567 13,124,720 Cost of Sales (11,738,446) (11,407,350) Gross Profit / Loss 4,830,121 1,717,370 Administrative expenses (4,120,947) (1,920,457) Other operating income - - Operating Profit/loss 709,174 (203,087) Interest receivable 2,991 Other finance income 9,224 Interest payable (422,850) (318,030) Proft / loss before tax 298,539 (521,117) Tax on Profit / loss - - Profit / Loss for Financial Year 298,539 (521,117) Balance Sheet Fixed Assets Tangible 5,071,587 5,676,338 5,663,460 Current Assets Debtors 360,287 334,344 - Cash at bank and in hand 362 Other current assets 37,516 287,209 823,461 398,164 621,553 823,461 Creditors falling due within 1 year (4,794,329) (1,545,834) (1,958,806) Net Current Assets / Liabilities (4,396,164) (924,281) (1,135,345) Total Assets Less current Liabilities 675,423 4,752,057 4,528,115 Creditors falling due after 1 year (933,806) (3,093,533) (3,168, 130) Net Assets (258,383) 1,658,524 1,359,985 Capital and Reserves Called Up Share Capital …
Administrators' statement of proposals (2026-09-01) · Companies House register