| Company Name | Company Status |
|---|---|
| E REALISATIONS 2020 LIMITED | In Administration |
| E-NOVA HEALTHCARE LIMITED | In Administration |
| E-NOVA TRADING LTD | In Administration |
| E.L. COOK ELECTRICAL LIMITED | Administration Order |
| E.LEGAL TECHNOLOGY SOLUTIONS LIMITED | In Administration |
| EAD SOLICITORS LLP | In Administration |
| EAGLE INTERNATIONAL DISTRIBUTION LIMITED | In Administration |
| EAGLEMOSS LIMITED | In Administration |
| EARTHY FOODS & GOODS LIMITED | In Administration |
| EAST LONDON PUB CO LIMITED | In Administration |
| EAST LONDON TAVERNS LIMITED | In Administration |
| EAST SUSSEX LANDSCAPES LIMITED | In Administration |
| EAST WEST INSURANCE COMPANY LIMITED | In Administration |
| EASTBOURNE HOUSE LTD | In Administration |
| EASTCHURCH HOLIDAY CENTRE LIMITED | In Administration |
| EASTERN ATLANTIC HELICOPTERS LIMITED | In Administration |
| EASTGATE MANOR LIMITED | In Administration |
| EBOR CONCRETES LTD | In Administration |
| EC 2023 LIMITED | In Administration |
| EC3 BROKERS LIMITED | In Administration |
This project aims at displaying which companies have gone into administration. While there is a possibility that assets may be sold at lower prices during administration, it's not a guaranteed outcome. The goal of the administrator is to achieve the best possible outcome for creditors. Additionally, the sale of assets in administration is often conducted through a transparent and legally regulated process to ensure fairness. Investors or buyers looking to acquire assets from a company in administration should carefully assess the specific circumstances, conduct due diligence, and be aware of the associated risks and opportunities. This information provides a valuable resource for stakeholders seeking insights into the dynamics of companies undergoing administration and facilitates informed decision-making in the business landscape.
The process begins with the submission of data requests to government sources, occurring at a frequency of 600 requests per 5 minutes. As a result, it requires a substantial time investment of 14 hours to complete the comprehensive update of the entire database. Following this update, a comparison between the current database and its predecessor is conducted. The subsequent step involves filtering the updated database using criteria derived from the information present in the previous version. In this way, we are able to retrieve which companies are currently in administration.
Our December findings revealed that approximately 3,500 out of 5.2 million UK firms entered administration, shedding light on a notable aspect of the economic landscape and prompting a closer examination of the factors influencing this significant number. In-depth analysis suggests that poor management decisions and intense market competition emerged as the most common contributing factors. Additionally, changes in consumer behaviour within the dynamically evolving market also played a pivotal role in shaping the outcomes observed. Understanding these dynamics is crucial for policymakers, businesses, and stakeholders to implement informed strategies and navigate the challenges posed by the ever-changing economic environment.
Looking forward, we aim to enhance the project's efficiency by optimizing the API's speed. One approach involves integrating the paid Datasetream service, ensuring live updates to the consumer API with any changes in the monitored database field. This enhancement will significantly reduce latency, providing users with real-time information more promptly. This proactive step not only improves user experience but also positions the project to adapt to evolving data demands efficiently, aligning with cutting-edge technologies.