# Helveta Limited (05014241)

> Why UK company 05014241 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05014241

- **Status:** Administration ended
- **Administration began:** 2014-09-18
- **Administrators:** Henry Lan, Asher Miller
- **Administrators' firm:** Begbies Traynor
- **Incorporated:** 2004-01-13
- **Location:** London
- **Industry:** 62012 Business and domestic software development

## Why it went into administration

- Creditor pressure / legal action
- Supply chain disruption
- HMRC / tax arrears

## From the administrators' statement

The Company was incorporated in 2004 and traded as a developer of highly specialised software used in tracing and tracking the sources and supply chains of commodities such as timber, bio-fuels, and mineral products

The Company enjoyed notable success in its early years, mainly with customers in the timber industries operating in central and West Africa, where it developed bespoke traceability solutions for national governments The product was originally designed to track timber from the forest to its eventual export

These projects were multi-donor funded by such parties as the EU, DfID, World Bank and USAID but this funding reduced over time, notably with the EU termmating its FLEGT donor programme in March 2013

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05014241/filing-history/MzExMTcyNTEzNWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05014241

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