Quintel Technology Limited (04416865): administration
- Status
- Administration ended
- Administration began
- 2019-01-17
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2002-04-15
- Location
- Bristol
- Industry
- 61200 Wireless telecommunications activities
From the administrators' statement
The Company was incorporated on 8 February 2012 and was dependent on the continued support of its parent company Quintel Cayman Ltd. Quintel Cayman Ltd is in turn dependent on the support of Cirtek Holdings Philippines Corp (‘CHPC’).
The Company operated as a developer for fifth generation aerial mast technology, in which a majority of the trade was with Quintel USA, their sister company.
On 20 December 2018, the Company had lost a Court battle in which they were ordered to pay c$2.5 million plus legal costs by 17 January 2019. The Company did not have the funds and it was decided by the directors that the Company was insolvent. We were formally engaged by the Company on 15 January 2019.
Administrators' statement of proposals (2019-03-21) · Companies House register