Babuki Limited (06517940): administration
- Status
- Administration ended
- Administration began
- 2013-05-09
- Administrators
- Stephen Robert Leslie Cork, Joanne Elizabeth Milner
- Administrators' firm
- Cork Gully
- Incorporated
- 2008-02-28
- Location
- London
- Industry
- 62090 Other information technology service activities
Why it went into administration
- Sustained trading losses
From the administrators' statement
The Company operated a software development business from premises located at Hurlingham Studios, Ranelagh Gardens, London SW6 3PA The Company was incorporated in February 2008
The directors of the Company first approached Cork Gully LLP in late Apnl 2013 to discuss strategies given the overall financial position and on-going trading losses
In early May 2013, tt became evident to the directors that the financial situation could not be resolved without professtonal assistance, accordingly, the directors resolved to appoint Stephen Cork and Joanne Milner as Joint Administrators of the Company Notices of intention to appoint administrators were duly executed by Richard Algernon Melville Williams on behalf of the Company These notices were filed at the High Court of Justice and served on the Company's’ registered office Richard Algernon Melville Williams on behalf of the Company confirmed acceptance of the appointment of administrators
Administrators' statement of proposals (2013-07-05) · Companies House register