Engine Room Apps Ltd (05402633): administration
- Status
- Administration ended
- Administration began
- 2012-05-04
- Administrators
- Nicholas Edward Reed
- Administrators' firm
- Begbies Traynor
- Formerly
- Socena Limited
- Incorporated
- 2005-03-23
- Location
- Leeds
- Industry
- 62012 Business and domestic software development
Why it went into administration
- Cash flow / liquidity pressure
- HMRC / tax arrears
From the administrators' statement
Engine Room Apps Limited (‘ERA’) (‘the Company’) was incorporated on 23 March 2005 under company number 05402633 as an application development agency offering bespoke mobile apps and Initiatives for businesses both globally and in the UK Christopher Baxter and Tobin Harris were appointed as Directors Both are shareholders
The purpose of formation was to capitalise on the experience of the Directors in the website, IT and media industry and to assemble a highly experienced management and development team with extensive mobile, agency and digital expertise The primary concept of the business was to devise and launch mobile and tablet apps for both small businesses and large corporations
The Company traded from leasehold premises located in the central Leeds area Banking facilities were provided by HSBC Bank plc (‘the Bank’), who provided an overdraft facility of £25,000 The overdraft indebtedness stood at circa £26,429 as at the date of Administration Both Directors pledged personal guarantees to support the facility
Administrators' statement of proposals (2012-07-25) · Companies House register