# Arishi Media Technologies Ltd (06438640)

> Why UK company 06438640 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/06438640

- **Status:** Administration ended
- **Administration began:** 2023-04-27
- **Administrators:** Charles Hamilton Turner, Trevor John Binyon
- **Administrators' firm:** Opus Restructuring
- **Incorporated:** 2007-11-27
- **Location:** Milton Keynes
- **Industry:** 62020 Information technology consultancy activities

## Why it went into administration

- Cash flow / liquidity pressure

## From the administrators' statement

3.1

3.2

With the sudden onset of restrictions associated with the COVID-19 pandemic, and in an effort to continue to retain and grow the Company’s business, especially as no material debt had existed, a salesperson was hired, funded by debt finance. Unfortunately, while warm leads could be closed, new leads were scarce.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/06438640/filing-history/MzM3OTQwMDM5NWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/06438640

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