# Byyd Tech Limited (06746083)

> Why UK company 06746083 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/06746083

- **Status:** Administration ended
- **Administration began:** 2016-04-19
- **Formerly:** Adfonic Ltd
- **Incorporated:** 2008-11-11
- **Location:** Marsh Wall
- **Industry:** 73110 Advertising agencies

## Why it went into administration

- Funding withdrawn / unable to refinance
- Loss of a key customer, supplier or contract
- Sustained trading losses
- Competition / price pressure

## From the administrators' statement

Albeit that statutory information is contained in Appendix Il, these Proposals provide brief details in relation to the Company's history This history has been compiled following conversations between the Team and the Directors, subsequent to the placing of the Company into Administration

The Company was incorporated on 11 November 2008 and initially called Adfonic Limited, later changing its name to Byyd Tech Limited on 2 February 2014 due to competitor copyright action The Company commenced trading from the Trading Premises

The founding directors of the business were Mr Biggs, Mr Childs and Mr Malachard Mr Biggs’ role was Chief Technical Officer, Mr Childs’ was head of marketing and operations and Mr Malachard was the Chief Executive Officer

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/06746083/filing-history/MzE1MDQ2NTU4M2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/06746083

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