CDS 123 Limited (07215458): administration
- Status
- Administration ended
- Administration began
- 2013-04-11
- Administrators
- Eric Walls, Wayne Harrison
- Administrators' firm
- RMT Accountants & Business Advisors
- Formerly
- Client Data Systems Group Limited
- Incorporated
- 2010-04-07
- Location
- Gateshead
- Industry
- 62090 Other information technology service activities
Why it went into administration
- Funding withdrawn / unable to refinance
From the administrators' statement
The information detailed below has been provided to us by the Company No verification of this information has been carried out by the Joint Administrators
The Company was incorporated on 7 April 2010 and operated as a niche market software development business, specialising in mortgage sourcing software products for the brokerage industry
The Company followed on from the previous success of the directors in developing mortgage industry software The Company set out with the backing of a group of investors to develop a new mortgage sourcing, client relationship management ("CRM") and application fulfilment software suite to roll out into the market, with the long term sate being the overall objective
Administrators' statement of proposals (2013-06-11) · Companies House register