Cube Management (UK) Limited and Cube Modular Limited - Administration

Cube Management (UK) Limited and Cube Modular Limited, Worcester-based sporting events companies which provided bespoke modular infrastructure for sports industry events, entered administration on 21 December, citing cash flow issues caused by Covid event delays. All of the companies’ circa 60 employees were let go before the appointment of Joph Young and Conrad Beighton of Leonard Curtis as joint administrators. They are now working to realise the companies’ assets. Growth Lending 2021 Limited has a registered charge against both companies.