Planet Positive UK Limited (07299405): administration
- Status
- Administration ended
- Administration began
- 2013-03-26
- Administrators
- Michael Stephen Elliot Solomons, Andrew James Pear
- Administrators' firm
- BM Advisory
- Incorporated
- 2010-06-29
- Location
- London
- Industry
- 63110 Data processing, hosting and related activities
Why it went into administration
- Sustained trading losses
From the administrators' statement
The Company was incorporated on 29 June 2010 and traded as a consultancy to assist businesses reduce carbon emissions and provide environmental sustainable certification. The two primary products were business certification and building certification and once obtained customers were able to state that they were ‘Planet Positive’ certified. The Company had four employees and traded from serviced offices at Blackfriars Foundry, 156 Blackfriars Road, London SEi 8EN. The Company directors are Steven Malkin and Martin Goodman, who acted as consultants The sole shareholder ts Planet Positive International LLC (which is a company incorporated tn the United States and holds 80 ordinary shares).
Whilst the Company traded as Planet Positive, the registered trademark 1s held by a company called African Forest who had an agreement with the parent entity, Planet Positrve International LLC, for use of the trademark, subject to a royalty payment. Planet Positive Internationa! LLC was unable to meet the payment
Restructuring and insolvency services are provided through BM Advisory LLP and our partners are licensed in the United Kingdom to act as insolvency practitioners
Administrators' statement of proposals (2013-04-24) · Companies House register