Linking Mobile Ltd (07441479): administration
- Status
- Administration ended
- Administration began
- 2020-06-10
- Incorporated
- 2010-11-16
- Location
- London
- Industry
- 73110 Advertising agencies
Why it went into administration
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Competition / price pressure
From the administrators' statement
The director advised that the Company had begun to face difficulties due to. the following factors which. caused significant cash flow problems and increasing creditor pressure: -
• Staffing i issues, - . Increased competition due to new "programmatic buying models on the market; and
Due to the above, the Company was unable to continue trading and advice was Sought fr from UHY Hacker Young LLP.
Administrators' statement of proposals (2020-07-27) · Companies House register