Adarma Limited (SC418589): administration
- Status
- In administration
- Administration began
- 2025-07-14
- Administrators
- Alistair Mcalinden, William James Wright
- Administrators' firm
- Interpath Advisory
- Formerly
- ECS Security Ltd
- Incorporated
- 2012-03-05
- Location
- Glasgow
- Industry
- 62020 Information technology consultancy activities
Why it went into administration
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Sustained trading losses
- Cyber attack / IT failure
- Loss of a key customer, supplier or contract
From the administrators' statement
The Company was incorporated on 5 March 2012, initially under the name of ECS Security Limited. Its name was changed to Adarma Ltd in June 2019, when the Company was acquired by Project Excalibur Bidco Limited (“Bidco”), an entity ultimately owned by Livingbridge.
Headquartered in Edinburgh, with a serviced office in London, the Company was a cybersecurity firm specialising in the design, development, and management of security operations for large, complex organisations. At the date of administration, the Company employed 176 staff.
2.2 —_‘ Funding and financial position of the Company
Administrators' statement of proposals (2025-08-22) · Companies House register