# Factorweb Limited (05473353)

> Why UK company 05473353 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05473353

- **Status:** Administration ended
- **Administration began:** 2014-10-03
- **Administrators:** Alun Evans
- **Incorporated:** 2005-06-07
- **Location:** Swansea
- **Industry:** 03210 Marine aquaculture

## Why it went into administration

- HMRC / tax arrears
- Creditor pressure / legal action
- Loss of a key customer, supplier or contract

## From the administrators' statement

Factorweb Limited (hereinafter referred to as “the Company”) was incorporated on 7" June 2005 by Michael William Owen The Company commenced trading with immediate effect

The Company's inital principal trading activity was to provide consultancy and engineering services to the aquaculture industry

One of its major customers was Dragon Feeds Limited and Dragon Research Limited Both of these companies were placed into liquidation in 2011 The Dragon companies operated worm cultivation and worm processing facilities

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05473353/filing-history/MzExMzk2Mzk0MGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05473353

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