# Avanti Communications Limited (03101607)

> Why UK company 03101607 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/03101607

- **Status:** Administration ended
- **Administration began:** 2022-04-13
- **Administrators:** Ali Abbas Khaki, Lisa Jane Rickelton, Matthew Boyd Callaghan
- **Administrators' firm:** FTI Consulting
- **Incorporated:** 1995-09-13
- **Location:** London
- **Industry:** 61300 Satellite telecommunications activities

## Why it went into administration

- COVID-19
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Bad debts / customer insolvency
- Regulatory change or action
- Competition / price pressure

## From the administrators' statement

Pie is the holding company of the Group which operates satellites. ACL is an operating company within the Group which holds certain licenses and supplier and payroll relationships.

Simplified Pre-transaction Group Structure Brief History of the Companies

• The Group is a Ka-band satellite operator for data communications and broadband, operating five GEO satellites.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/03101607/filing-history/MzMzNjI3NjAzMmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/03101607

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