Of Holdings Limited (06698407): administration
- Status
- Administration ended
- Administration began
- 2016-02-25
- Administrators
- Colin David Wilson, Timothy John Edward Dolder
- Administrators' firm
- Opus Restructuring
- Formerly
- Oxygen Finance Holdings Limited; Pimco 2826 Limited
- Incorporated
- 2008-09-16
- Location
- Milton Keynes
- Industry
- 82990 Other business support service activities n.e.c.
Why it went into administration
- Loss of a key customer, supplier or contract
- Funding withdrawn / unable to refinance
From the administrators' statement
Oxygen Finance Holdings Limited (hereinafter referred to as “the Company”) was incorporated on 16 September 2008 by David Brown
The Company operated as a holding company with two operating subsidiaries, Oxygen Finance Limited (“OFL”) In which they hold a 100% shareholding and Oxygen Finance Amenicas Inc (OFAI) in which they hold a 8998% shareholding with the other 002% being held by 4 individuals There was also a dormant subsidiary, Oxygen Finance Group Ltd, which made up “the Group”
The Company has a £2million debenture with Hawk Investments Limited (“the Chargeholder"} who provided a loan on 4 February 2015, but the Company was largely funded by private EIS investors
Administrators' statement of proposals (2016-03-14) · Companies House register