# Matrix Group Limited (03309770)

> Why UK company 03309770 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/03309770

- **Status:** Administration ended
- **Administration began:** 2012-11-06
- **Administrators' firm:** Begbies Traynor
- **Incorporated:** 1997-01-30
- **Location:** London
- **Industry:** 70100 Activities of head offices

## Why it went into administration

- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Property / lease costs

## From the administrators' statement

The Company ts part of a large group structure (“the Group’), of 50+ entities, which incorporates, amongst others, Asset Management, Corporate Finance, Share Trading, Fund Management and Structured Finance business teams The Company acted as an intermediate holding company within the Group structure and as guarantor to the lease over the leasehold property at 1 Vine Street, London, W1J OAH (‘the Trading Premises”) The leases over the Trading Premises (“the Lease”) were entered into by Matnx-Secunties Limited (“MSL”)

MSL acted as the operational hub of the Group, facilitating trading by

• Employing employees

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/03309770/filing-history/MzA3MDY0NDQ0N2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/03309770

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