Business Briefings Limited (03882279): administration
- Status
- Administration ended
- Administration began
- 2011-11-11
- Administrators' firm
- David Rubin & Partners
- Formerly
- Indigo International Publications Limited; Wmrc.Com Limited; Triotask Limited
- Incorporated
- 1999-11-24
- Location
- London
- Industry
- 2213
Why it went into administration
- HMRC / tax arrears
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Regulatory change or action
From the administrators' statement
31 The Company’s principal activity was the production and distribution of technical journals and information sheets on scientific and medical specialist subjects. largely based on internet websites
32 The Company operated from leasehold premises at Saffron House. 6-10 Kirby Street London ECIN 8TS_ The lease 1s held by the Company's ultimate holding company, Touch Group PLC (“Group”)
33 The Company was acquired by Group in 1999 At that ume, it was a controlled circulation business-to-business publisher covering a wide range of industries such as banking and finance, aviation and pharmaceutical All journals were annual and derived revenues entirely from advertising In 2003, the business began to focus solely on medical and energy journals with the aim of developing a comprehensive suite of medical journals covering a range of specialist therapy areas targeting the specialist physician community The journals, aimed at the secondary core physician community such as cardiologists, oncologists etc, covered 18 different therapy areas
Administrators' statement of proposals (2011-12-20) · Companies House register