Cellectivity Limited (04153715): administration
- Status
- Administration ended
- Administration began
- 2013-09-09
- Administrators
- Michael Stephen Elliot Solomons, Andrew James Pear
- Administrators' firm
- BM Advisory
- Formerly
- BHD Shelfco (1) Limited
- Incorporated
- 2001-02-05
- Location
- London
- Industry
- 62011 Ready-made interactive leisure and entertainment software development
Why it went into administration
- Sustained trading losses
- HMRC / tax arrears
- Competition / price pressure
From the administrators' statement
The Company was incorporated on 5 February 2001 and traded from leasehold offices at Winchester House, 259-269 Old Marylebone Road, London, NW1 5RA The Company had six employees and two directors, Marcel Puyk and Zeev Holtzman There are sixteen shareholders, holding a total of 88,657,559 ordinary and preference shares with a nominal value of £0 001
The Company specialises in mobile e-commerce development and distribution for bookmakers, online casinos and gaming developers to build, aggregate and manage state-of-the-art portal applications for mobile phones
In order to finance the business and enable growth, the shareholders injected significant sums to set up the business In addition, due to a tough competitive market, significant trading losses were incurred and on-going funding was required to continue the necessary research and development
Administrators' statement of proposals (2013-11-07) · Companies House register