Scalable Software Ltd (06509875): administration
- Status
- In administration
- Administration began
- 2026-02-25
- Administrators
- Joann Leach, Francis F A Wessely
- Administrators' firm
- Quantuma
- Incorporated
- 2008-02-20
- Location
- 15 Forlease Road
- Industry
- 62012 Business and domestic software development
From the administrators' statement
The Directors advised that the financial impact of significant legacy software development costs associated with the creation, enhancement, and ongoing maintenance of the proprietary software platforms had rendered the Company insolvent on both a cashflow and balance sheet basis.
Quantuma Advisory Limited (“QAL”) were first approached by the Company in December 2024 to explore whether there was any need to assist the Company in an advisory capacity. Initial discussions were held however QAL were not formally engaged at that time.
The Company had relied on funding support from JMI; who are the company’s principal shareholder who in late 2025, had advised the board that it was no longer willing to financially support the Company.
Administrators' statement of proposals (2026-04-30) · Companies House register