Dion Global Solutions (UK) Limited (04885855): administration and why it failed

Dion Global Solutions (UK) Limited (04885855): administration

Status: Administration ended
Administration began: 2019-07-25
Administrators' firm: Moorfields
Formerly: Religare Technova Global Solutions (UK) Limited; Capital Market Solutions (UK) Limited; Nova & Ibroker Limited; Alnery No. 2376 Limited
Incorporated: 2003-09-03
Location: London
Industry: 62020 Information technology consultancy activities

Why it went into administration

Funding withdrawn / unable to refinance
Creditor pressure / legal action
Parent or group failure

From the administrators' statement

The Company, incorporated in September 2003, was a leading technology solution provider,

partnering with global banking and financial institutions to optimise the processing of business

operations.

Administrators' statement of proposals (2019-08-14) · Companies House register

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Dion Global Solutions (UK) Limited (04885855): administration

Why it went into administration

From the administrators' statement

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Dion Global Solutions (UK) Limited (04885855)