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Jetnexus Solutions Ltd (04514991): administration

Status
Administration ended
Administration began
2017-11-29
Administrators
Christopher Newell, Francis F A Wessely
Administrators' firm
Quantuma
Formerly
Preact Performance Ltd
Incorporated
2002-08-20
Location
Marlow
Industry
62011 Ready-made interactive leisure and entertainment software development

From the administrators' statement

3.1 As described above; prior to entering into Administration the Company was experiencing significant pressure on cashflow caused by the accumulation of a large book debt as well as the level of overheads. As a result the Company was unable to setile November's wage bill.

3.2 A pre-pack Administration was deemed to be the most appropriate solutiond and on 29 November 2017, Frank Wessely, and Chris Newell of Quantuma LLP were appointed Joint Administrators of the Company following the filing of a Notice of Appointment of Administrators by the Directors.

3.3. The Joint Administrators confirm that they are authorised to carry out all functions, duties and powers by either one or both of them.

Administrators' statement of proposals (2018-01-04) · Companies House register

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Jetnexus Solutions Ltd (04514991)

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