Xwavia Limited (06956755): administration and why it failed

Xwavia Limited (06956755): administration

Status: Administration ended
Administration began: 2014-11-25
Administrators: Lindsey J Cooper, Jeremy Nigel Ian Woodside
Administrators' firm: Baker Tilly Restructuring and Recovery
Formerly: Exwavia Limited; Olive Tree IT Limited
Incorporated: 2009-07-08
Location: Manchester
Industry: 61200 Wireless telecommunications activities

Why it went into administration

Funding withdrawn / unable to refinance
Property / lease costs

From the administrators' statement

Relevant extracts from the company’s audited financial statements and management accounts

are summarised below

Profit and Loss Account

Administrators' statement of proposals (2014-12-30) · Companies House register

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Xwavia Limited (06956755): administration

Why it went into administration

From the administrators' statement

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Xwavia Limited (06956755)