# Acics Limited (05709792)

> Why UK company 05709792 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05709792

- **Status:** Administration ended
- **Administration began:** 2021-12-01
- **Administrators:** Timothy Vance, Samuel James Woodward
- **Administrators' firm:** EY
- **Formerly:** De Facto 1335 Limited
- **Incorporated:** 2006-02-15
- **Location:** Leeds
- **Industry:** 70100 Activities of head offices

## Why it went into administration

- Property / lease costs

## From the administrators' statement

The Company was part of the Adare Group, which was, until 1 November 2021, made up of six companies, only one of which traded, being Adare SEC.

Adare SEC is the fourth largest transactional mail provider in the UK, providing a suite of traditional print and digital products and services to deliver end-to-end communication solutions for its customers. It provided its services to customers in a wide range of sectors, including Banking, Financial, Insurance, Retail, Utilities and Public Sector.

Adare SEC and its subsidiary Adare SEC (Nottingham) Limited were sold via a solvent equity share sale to Opus on 1 November 2021 (“the Transaction’).

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05709792/filing-history/MzMyNzYxODA1N2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05709792

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