# Cellectivity Limited (04153715)

> Why UK company 04153715 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/04153715

- **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

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/04153715/filing-history/MzA4ODM0OTgxOWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/04153715

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.