Phaze Scaffolding Ltd (11875262): administration
- Status
- In administration
- Administration began
- 2026-04-24
- Administrators
- Iain David Nairn, Ryan Holdsworth
- Administrators' firm
- Leonard Curtis
- Incorporated
- 2019-03-11
- Location
- Sheffield
- Industry
- 43991 Scaffold erection
Why it went into administration
- Rising costs / inflation
- COVID-19
- Supply chain disruption
- Energy costs
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Bad debts / customer insolvency
- Competition / price pressure
From the administrators' statement
Phaze Scaffolding Ltd (the Company”) was incorporated on 11 March 2019. The Company began with three employees and approximately £30,000 of initial funding provided as a director's loan. Early trading was positive, and the company secured two housing development contracts with Avant Homes and Miller Homes.
In early 2020, the COVID-19 pandemic had a significant and unforeseen impact on operations. Many housebuilding clients suspended hire payments, while suppliers continued to charge hire on materials. The business also did not qualify for furlough support due to its recent incorporation. As a result, the Company incurred losses estimated at £60,000--£70,000. Additional finance was obtained at that time to enable the business to continue trading.
Despite these challenges, the Company successfully traded through the pandemic period and began to grow again, securing additional housing sites and a major refurbishment project on a high rise tower block in Newcastle. However, following the financial impact of previous years, the Company frequently faced pressures in funding and supporting its growth.
Administrators' statement of proposals (2026-05-12) · Companies House register