Suricatta SystemsThe subsidiary of the Urbana de Exteriors construction group, dedicated to the production of temporary accommodation, is also entering this market bankruptcy. This decision was made by the Commercial Court No. 2 of Alicante after the company made a request just a few weeks after its parent company, which has been in the same situation since last November.
Suricatta Systems was a company that the group, known as one of Alicante’s main rehabilitation companies, decided to establish in 2014. The earthquake that shook Lorca in 2011 those responsible and in particular the former chairman of its largest shareholder, Cepyme Alicante Cristóbal Navarro… I saw Shortcomings of temporary shelters usually used in such situations and other emergencies.
Navarro then decided to invest in R&D and the firm eventually developed oneThanks to its foldable modules, it can be easily carried anywhere It provided insulation from the outside where needed and much higher comfort than generally used tents or tents.
NGO and NATO
The company thought: Target audience may be NGOs Governments and even armed forces of different countries serving in emergencies.
In fact, Suricatta Systems managed to include shelters as well. NATO supplier catalogue, but the truth is that the business never progressed and its turnover gradually diminished until Had no income in 2022According to the accounts deposited by the company in the Trade Registry.
In this sense, it makes sense that as the group’s parent company and its main financial backer drifted into bankruptcy, this subsidiary would have to follow suit.
In fact, the court decision, in addition to declaring bankruptcy, opening of the liquidation phase management of the company and appointment of the consultant PwC as the firm’s insolvency administrator.
The court, for its part, It continues with the treatment of Urbana de Exteriors’ own competition, The Bank, which requested bankruptcy in November due to the liquidity problem it has experienced due to the non-payment of some of its customers since the beginning of the year, had previously tried to restructure its debt, but could not make an agreement in time to avoid this procedure.