From the administrators' statement

In April 2022, a loan facility agreement was entered into between TAB ACM Limited and TAB London Limited (collectively referred to as “TAB”) and the Company ("the Facility Agreement”).

Also, in April 2022, a debenture was entered into between the Company, as the borrower, and TAB ACM Limited and TAB London Limited as the Lender, as security for the Company's obligations under the Facility Agreement. TAB ACM Limited and TAB London Limited took out a fixed and floating charge against Company assets.

The Company's sole director Jason Rishover has provided a personal guarantee in respect of all liabilities owing by the Company to TAB ACM Limited and TAB London Limited, and also in respect of the Company's liabilities to the charge holders Get Going Finance Ltd and Gerrard Capital Ltd.

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Morelane Limited (03998411)

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