# Finance and Credit Corporation Limited (02261543)

> Why UK company 02261543 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/02261543

- **Status:** Administration ended
- **Administration began:** 2019-04-11
- **Administrators' firm:** Quantuma
- **Formerly:** Makeprime Limited
- **Incorporated:** 1988-05-24
- **Location:** London
- **Industry:** 64999 Financial intermediation not elsewhere classified

## Why it went into administration

- Creditor pressure / legal action
- Funding withdrawn / unable to refinance

## From the administrators' statement

3.1. The events that led up to the Administration are detailed in paragraphs 2.1 to 2.3 of this Statement of Proposals.

3.2 Asa result of this sequence of events, on 11 April 2019, Simon Bonney, Michael Kiely and Andrew Andronikou of Quantuma LLP were appointed Joint Administrators of the Company following the filing of a Notice of Appointment of Administrators by the Director.

3.3. The Joint Administrators confirm that they are authorised to carry out all functions, duties and powers by either one or both of them.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/02261543/filing-history/MzIzNjg5Mzc1OWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/02261543

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.