UPG PLC (04087620): administration
- Status
- Administration ended
- Administration began
- 2017-02-27
- Administrators' firm
- KPMG
- Formerly
- Universal Payment Gateway PLC
- Incorporated
- 2000-10-10
- Location
- Birmingham
- Industry
- 62012 Business and domestic software development
Why it went into administration
- Creditor pressure / legal action
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
From the administrators' statement
The Group comprises UPG Plc (‘the Company’) and its subsidiaries (together ‘the Group’) and a group structure is shown below.
Secure Hosting UPG Payments Accept Cards Lid (Dormant: Ltd (Dormant) Limited (Dormant)
Scluticns Ltd
Administrators' statement of proposals (2017-05-03) · Companies House register