# LBMS No.1 Ltd (06852655)

> Why UK company 06852655 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/06852655

- **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- Funding withdrawn / unable to refinance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

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/06852655/filing-history/MzM3NjcyMTE3MWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/06852655

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