# ATN Bangla UK Limited (05958633)

> Why UK company 05958633 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05958633

- **Status:** Administration ended
- **Administration began:** 2023-08-18
- **Administrators:** Christopher Newell, Nicholas Simmonds
- **Administrators' firm:** Quantuma
- **Incorporated:** 2006-10-06
- **Location:** Watford
- **Industry:** 60200 Television programming and broadcasting activities

## Why it went into administration

- Cash flow / liquidity pressure

## From the administrators' statement

Quantuma Advisory Limited were first approached by the Company on 18 January 2023 and subsequently instructed on 1 February 2023.

Following a review of the financial position together with various discussions with the Director it was established that the Company was insolvent on both balance sheet basis and cash flow basis, as the Company could not pay its debts as and when they fell due.

It had been decided to place the Company into Administration via a pre-packaged administration sale as there was insufficient working capital and no prospect of persuading new funding to allow medium-term trading to continue in order that the business and assets could be exposed thoroughly to the market.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05958633/filing-history/MzM5NzI4NzkwNmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05958633

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