Fulcrums

International Decorative Surfaces Limited

Wholesale · £78.7M turnover · Administration, September 2024 · Companies House #13620105

£78.7M turnover decorative-surfaces wholesaler. The Fulcrums distress model crossed the HIGH band 24 months before administration, peaking at a distress score of 0.081. Multiple director resignations and adverse filing patterns built up over the same window.

Signals detected

The pattern, in order.

  1. 1

    4 director resignations between 20 and 6 months before failure

  2. 2

    New charge to Chiltern Capital Nominees Limited 27 months before failure

  3. 3

    New charge to NatWest Bank PLC 27 months before failure

  4. 4

    Accounts filed 60 days late, 18 months before failure

  5. 5

    Net assets reached £1 at the lowest point in the window

  6. 6

    Distress score crossed into HIGH band 740 days before failure (peak 0.081)