D-Fly Group Ltd (11605842): administration
- Status
- Administration ended
- Administration began
- 2024-03-15
- Administrators' firm
- Ratio Design Associates
- Formerly
- City Board Limited
- Incorporated
- 2018-10-04
- Location
- London
- Industry
- 30990 Manufacture of other transport equipment n.e.c.
Why it went into administration
- Creditor pressure / legal action
- Funding withdrawn / unable to refinance
- Bad debts / customer insolvency
- Parent or group failure
From the administrators' statement
The Company was incorporated on 4 October 2018 and acted as a UK operating company for the production of premium electronic Hyperscooters. The Company is 100% owned by the group parent company, D-Fly Global Limited — in administration (“Global”) (together the “Group”).
The main assets for the Company include goodwill, business know how and trading
relationships, stock and market presence. Events leading to administration
Administrators' statement of proposals (2024-05-16) · Companies House register