Cognition Communications Ltd (06988453): administration
- Status
- Administration ended
- Administration began
- 2022-06-10
- Administrators
- Conrad Alan Beighton, David Craig Griffiths
- Administrators' firm
- Leonard Curtis
- Incorporated
- 2009-08-12
- Location
- Birmingham
- Industry
- 70210 Public relations and communications activities
Why it went into administration
- HMRC / tax arrears
- COVID-19
- Loss of a key customer, supplier or contract
- Pension deficit
From the administrators' statement
The Company was incorporated in 2009 and traded as an outsourced marketing business from rented premises in Birmingham City Centre. There were three strands to the Company’s business:
1. Contractual recurring monthly invoices which are typically raised at the beginning of the month that the work is completed in. This accounts for c.50% of work undertaken by the Company.
2. Cross-selling to the above clients over and above their services secured by the monthly retainer payment. This accounts for c.10% of the turnover.
Administrators' statement of proposals (2022-06-28) · Companies House register