Aspers (Milton Keynes) Limited (04498928): administration and why it failed

Aspers (Milton Keynes) Limited (04498928): administration

Status: In administration
Administration began: 2025-04-08
Administrators: Shamil Ishan Malde, Matthew Boyd Callaghan, Andrew Johnson
Administrators' firm: FTI Consulting
Formerly: Aspers Development Limited; Aspers (Aberdeen) Limited; Tortone Limited
Incorporated: 2002-07-30
Location: London
Industry: 92000 Gambling and betting activities

Why it went into administration

COVID-19
Funding withdrawn / unable to refinance
Rising costs / inflation
Sustained trading losses
Competition / price pressure

From the administrators' statement

CONSULTING

Unless otherwise stated, this information has been provided by the directors of the Companies and is not from our

personal knowledge as joint administrators.

Administrators' statement of proposals (2025-04-30) · Companies House register

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Aspers (Milton Keynes) Limited (04498928): administration

Why it went into administration

From the administrators' statement

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Aspers (Milton Keynes) Limited (04498928)