Subscriptions Marketing Limited (03434215): administration
- Status
- Administration ended
- Administration began
- 2011-04-05
- Formerly
- Futurequest 2000 Limited
- Incorporated
- 1997-09-15
- Location
- London
- Industry
- 9305
Why it went into administration
- Funding withdrawn / unable to refinance
- Loss of a key customer, supplier or contract
From the administrators' statement
Start up
The Company was founded in 1996, as a complete solution company for subscription acquisition and retention for magazine publishers in the UK The Company was originally founded by Mr John Howard Colvin, whose brother worked for Dennis Publishmg Dennis Pubhshing was the Company’s first client, and remained a chent up to 5 April 2011
The main rahonale behind the business was that 1t was more cost effective for magazine publishers to outsource telemarketing of subscnptions, to a specialist agency, than for each publisher to try and set up their own internal operation
Administrators' statement of proposals (2011-06-02) · Companies House register