U-Xplore Limited (06684805): administration
- Status
- Administration ended
- Administration began
- 2013-06-10
- Administrators
- Julian Pitts, Adrian Graham
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2008-09-01
- Location
- Sheffield
- Industry
- 85600 Educational support services
Why it went into administration
- HMRC / tax arrears
- Funding withdrawn / unable to refinance
- Management failings / irregularities
- Creditor pressure / legal action
From the administrators' statement
The Company was formed in August 2008 by Andrew Pickles and Allan Livesey to provide educattonal software to schools, colleges and local authorities based in England It was the Company's aim to reinvent the way careers guidance was detivered via the use of online technology This was one of the main factors which allowed the Company to create Its own market opportunity
The Company traded from premises at Unit AO6 Magna 34 Business Park, Sheffield Road, Rotherham, S60 1DX on a2 year lease The total of 17 staff was employed by the Company
The average size of the contracts taken on was £1,400 Dunming the course of trading, certain investments were made into the Company by way of directors loan and through Bank finance to assist in the development of the Company’s software product development This was the Company's main asset
Administrators' statement of proposals (2013-07-10) · Companies House register