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Carpe Diem Group Holdings Limited (06508330): administration

Status
Administration ended
Administration began
2012-07-03
Incorporated
2008-02-19
Location
London
Industry
70100 Activities of head offices

Why it went into administration

From the administrators' statement

Carpe Diem was incorporated on 19 February 2008 The Company had two operating subsidiaries called Payment Card Technologies (UK) Ltd (05037484) and Payment Card Technologies (Retail) Ltd (06691616)

Payment Card Technologies (“PCT”) 1s the brand name of the Company and its two subsidianes PCT is a B2B prepaid card operator and a provider of debit card services, with an established client base generating revenues and cash flow

A prepaid card Is effectively a debit card which Is easily purchased with no need for a bank account and which can be “loaded” with funds, either physically or remotely Demand for prepaid cards is showing rapid growth, particularly in the UK market, and profit margins within the business are highly attractive PCT has a proven track record and a leading position within the UK prepaid debit card market

Administrators' statement of proposals (2012-08-07) · Companies House register

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Carpe Diem Group Holdings Limited (06508330)

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