Mymateknows Limited (07140404): administration
- Status
- Administration ended
- Administration began
- 2015-12-31
- Administrators
- Nigel Price, William John Kelly
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2010-01-29
- Location
- Birmingham
- Industry
- 62020 Information technology consultancy activities
Why it went into administration
- HMRC / tax arrears
- Funding withdrawn / unable to refinance
- Creditor pressure / legal action
- Loss of a key customer, supplier or contract
- Bad debts / customer insolvency
From the administrators' statement
The Company was incorporated in January 2010 with personal funds introduced by the directors As a digital agency, the Company specialised in website optimisation, innovative marketing campaigns and application development It traded from premises in Norwich City centre and employed seven IT consultants who collectively had over 80 years experience in the industry
The customer base included universities, large branded companies, local businesses and retailers, with project turnovers ranging from £5,000 to £50,000
In order to provide working capital funding for the ongoing projects, the Company acquired additional funding from Bibby Financial Services Limited in April 2013
Administrators' statement of proposals (2016-01-21) · Companies House register