# SSB Group Limited (11620680)

> Why UK company 11620680 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/11620680

- **Status:** Administration ended
- **Administration began:** 2024-01-04
- **Administrators:** Anthony Collier, Kelly Burton
- **Administrators' firm:** FRP Advisory
- **Incorporated:** 2018-10-12
- **Location:** Manchester
- **Industry:** 69102 Solicitors

## Why it went into administration

- Parent or group failure
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Regulatory change or action

## From the administrators' statement

The Company experienced cashflow pressures due to a culmination of the following factors:

• Challenges in the CWI case portfolio and subsequent pressure on case progression, settlements and adverse cost orders, not all of which was recoverable through ATE insurance;

• Overhead cost base geared towards volumes greater than the current case load;

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/11620680/filing-history/MzQwNzE2MjA0MWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/11620680

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