LBMS No.1 Ltd (06852655): administration
- Status
- Administration ended
- Administration began
- 2023-04-11
- Administrators
- Ian James Corfield, Raj Mittal
- Administrators' firm
- FRP Advisory
- Formerly
- Low&Behold Marketing Services Limited; Liquorice Marketing Limited
- Incorporated
- 2009-03-19
- Location
- London
- Industry
- 73110 Advertising agencies
Why it went into administration
- Funding withdrawn / unable to refinance
- Weak consumer demand
- Cash flow / liquidity pressure
- Sustained trading losses
- Parent or group failure
From the administrators' statement
The Group was an independent marketing and digital services agency offering a range of services across strategy, creativity, technology and marketing communications.
The founding entity commenced trading in 2009, with the Group then being formed and growing throughout 2020 and 2021, through acquisition, forming an SME-focussed marketing agency. A group structure was as follows:
Low&Betiold Holdings Limited
Administrators' statement of proposals (2023-05-01) · Companies House register