# Fonerent Ltd (05363379)

> Why UK company 05363379 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05363379

- **Status:** Administration ended
- **Administration began:** 2013-03-14
- **Administrators:** Diane Elizabeth Hill, Mark Terence Getliffe
- **Administrators' firm:** Aua Insolvency Risk Services
- **Incorporated:** 2005-02-14
- **Location:** Manchester
- **Industry:** 62090 Other information technology service activities

## Why it went into administration

- Creditor pressure / legal action

## From the administrators' statement

On 9 November 2012 the Company entered into a three month loan agreement for the advance of £32,000 with Corporate Strategies Pic (“CSP”) required for the purposes of satisfying a winding-up petition which the Company was unable to pay from its working capital CSP were granted a debenture by the Company incorporating a fixed and floating charge over the Company's assets dated 9 November 2012 which was registered at Companies House on 23 November 2012

In addition to CSP’s security Letzrent Limited (“Letzrent’) hold a debenture Incorporating a fixed and floating charge over the Company's assets for funds advanced to the Company by way of a loan This charge !s dated 26 March 2007 and was registered at Companies House on 1 May 2007

The Company, CSP and Letzrent agreed a Deed of Priority on 9 November 2012 defining CSP as senior lender in priority of Letzrent’s earlier charge, as a condition

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05363379/filing-history/MzA3ODYwMjY0OWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05363379

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