# MSP Gather Limited (04592616)

> Why UK company 04592616 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/04592616

- **Status:** Administration ended
- **Administration began:** 2022-12-08
- **Administrators:** Simon Jagger, Mark Supperstone
- **Administrators' firm:** ReSolve
- **Formerly:** Maurice Spalding Publicity Ltd
- **Incorporated:** 2002-11-18
- **Location:** London
- **Industry:** 62090 Other information technology service activities

## Why it went into administration

- COVID-19
- Creditor pressure / legal action
- Sustained trading losses

## From the administrators' statement

MSP Gather Limited t/a Gather was incorporated on 18 November 2002 to focus on the provision of data and marketing services in the automotive industry, supported initially by funding from the founding directors. During its initial years of trading, the Company was able to secure contracts with several high-profile clients.

The Company became a recognised leading customer data software provider, its two main offerings consisting of Software (Gather App, Gather SaaS) and Professional Services (Data Services). These products/services focused on improving how organisations capture, improve and monetise customer data in any face-to-face situation, such as events, exhibitions and points of sale.

In 2015 the Company received equity investment of £400,000 from Ridgeway Capital LLP (Ridgeway) and was on a growth trajectory since 2017, with the Board determining in late 2019 that a further equity raise was required to significantly expand the Company. The process for this equity raise commenced shortly thereafter and was intended to go to market by spring 2020.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/04592616/filing-history/MzM2MjIyMjc0OWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/04592616

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