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Rshtl Limited (03951427): administration

Status
Administration ended
Administration began
2013-12-10
Administrators
Simon Harris, Cameron Gunn, Mark Supperstone
Administrators' firm
ReSolve
Formerly
T1Ps.Com Limited; Budget Flights Limited
Incorporated
2000-03-20
Location
London
Industry
85590 Other education n.e.c.

From the administrators' statement

The Company was incorporated on 20 March 2000 and forms part of the Rivington Street group of companies (the Group) A summary group structure is provided at Appendix Il, believed to be correct as at the date of administration The Company's director is Mr Russell Darvill

The Company traded from 3 London Wall Buildings, London, EC2M 5SY and provided articles and tips on share selling / buying through a number of mediums to subscribers Regulated by the Financial Conduct Authority, the Company employed six full time staff who generated the materials for its subscribers

Like a number of the operational entities in the Group, the Company had been reltant on group funding in order to finance its operations However, in September 2013 agreement was reached with Galloway Limited (Galloway) for st to provide funding direct to the Company in exchange for a debenture over the Company's assets Galloway does not form part of the Group, but had lent to it in the past

Administrators' statement of proposals (2014-01-17) · Companies House register

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Rshtl Limited (03951427)

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