# 06637623 Limited (06637623)

> Why UK company 06637623 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/06637623

- **Status:** Administration ended
- **Administration began:** 2012-10-09
- **Administrators:** Gagen Dulari Sharma
- **Administrators' firm:** Accountants Breslins Birmingham
- **Incorporated:** 2008-07-03
- **Location:** Manchester
- **Industry:** 96090 Other service activities n.e.c.

## Why it went into administration

- Cash flow / liquidity pressure
- Bad debts / customer insolvency
- Regulatory change or action
- Weather / natural events

## From the administrators' statement

Chent Connection Limited (the “Company’’) was incorporated on 3 July 2008 and commenced trading as a Clams Management Company

The business model of the Company was to contact potential clients by telephone, assess over the phone if they had been potentially mis-sold PPI, obtain verbal agreement and take an upfront fee of £359 99 (inc VAT)

The Company established a 7 day PDQ facility with Barclays Merchant Services (“Barclays”), meaning the Company recetved funds paid by clients in seven days Barclays charged a 30% backend fee for the provision of the service

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/06637623/filing-history/MzA2ODYxNzIzNWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/06637623

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