DF25 Limited (05445396): administration
- Status
- In administration
- Administration began
- 2025-01-16
- Administrators
- Peter Kubik, Paraskevi Iacovou
- Administrators' firm
- Insolvency Practitioners of Uhy Hacker Young
- Formerly
- Dotfive Limited
- Incorporated
- 2005-05-06
- Location
- London
- Industry
- 62020 Information technology consultancy activities
Why it went into administration
- HMRC / tax arrears
- Creditor pressure / legal action
From the administrators' statement
As detailed above, the Company had a winding-up petition presented against it from HMRC and, whilst the director disputed some of the tax claimed by HMRC, he confirmed the majority was due. However, the Company did not have sufficient cash flow to pay.
By October 2024, it had become apparent that the Company required funding above the level available to it and neither the Company nor its shareholder were in a position to advance the necessary funding in order to pay wages and the ongoing costs for the Company, including tax liabilities due to HMRC.
No moratorium under Part A1 of the Act has been in force for the Company at any time within the period of 2 years ending with the day on which it entered administration.
Administrators' statement of proposals (2025-03-06) · Companies House register