Hollinbay Consultancy Services Limited (02368800): administration
- Status
- Administration ended
- Administration began
- 2021-12-01
- Administrators
- Louise Longley, Robert Alexander Henry Maxwell
- Administrators' firm
- Begbies Traynor
- Formerly
- Hollinbay Limited
- Incorporated
- 1989-04-06
- Location
- Leeds
- Industry
- 62090 Other information technology service activities
Why it went into administration
- COVID-19
- Funding withdrawn / unable to refinance
- Cyber attack / IT failure
From the administrators' statement
Our proposals for achieving the purpose of the Administration provide detailed information in relation to the Company. The following background information is provided to assist creditors who may have limited knowledge of the Company and its affairs to better understand the reasons for the pre-packaged sale.
Founded in 1889, the Company operated out of its headquarters in Leeds as a technology solutions and support provider, with extensive experience in the IT sector. The Company primarily provided IT managed services (specialising in cyber security).
In July 2020, Newfox Limited (“Newfox”) purchased the entire share capital of the Company, with the aim of building on the managed services side of the business and to provide synergies and segregate the services provided in the newly formed group. Post-acquisition, the provision of hardware supplies was solely undertaken via Newfox, together with the telephony services. All other managed services are now undertaken by the Company.
Administrators' statement of proposals (2021-12-15) · Companies House register