# The Licence Factory Limited (06742339)

> Why UK company 06742339 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/06742339

- **Status:** Administration ended
- **Administration began:** 2011-06-10
- **Administrators' firm:** RSM
- **Formerly:** New BAI International Limited; Fleetness 637 Limited
- **Incorporated:** 2008-11-05
- **Location:** Manchester
- **Industry:** 5190

## Why it went into administration

- Creditor pressure / legal action
- Bad debts / customer insolvency
- Cash flow / liquidity pressure

## From the administrators' statement

The Company was incorporated on 5 November 2008 as New BAI International Limited however remained dormant until September 2009

Following the acquisition of the business and assets of BAI International Limited from its Administrators in September 2009 the Company commenced to trade The Company subsequently changed its name on 2 July 2010 to The Licence Factory Limited

The Company traded from leasehold premises at Newbury Road, Hazel Grove, Stockport with an annual rental of £250,000 Financing of the business was through GE Commercial Finance Limited (‘GE”) by virtue of an asset finance facility and through the financial support from its parent company, Marlwood Pic (*Marlwood”).

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/06742339/filing-history/MzA0MjAyMTY3OWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/06742339

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