Qnetic Limited (07531858): administration
- Status
- Administration ended
- Administration began
- 2018-02-02
- Administrators
- Robert John Coad, Neil John Maddocks
- Administrators' firm
- Insolvency Practitioners of Undebt.co.uk
- Incorporated
- 2011-02-16
- Location
- Bristol
- Industry
- 82990 Other business support service activities n.e.c.
Why it went into administration
- Cash flow / liquidity pressure
- Creditor pressure / legal action
From the administrators' statement
Neil Maddocks and Robert Coad of South West and Wales Business Recovery, Orchard St Business Centre, 13-14 Orchard Street, Bristol, BS1 5EH were appointed Joint Administrators of the Company on 2 February 2018.
The Joint Administrators confirm that they are authorised to carry out all functions, duties and powers by either one or both of them. For creditors’ general information, the EC Regulation on insolvency proceedings applies in this case, and these proceedings are the main proceedings.
This report, including its appendices, forms the Statement of the Joint Administrators’ Proposals pursuant to Paragraph 49(1) of Schedule B1 of the Insolvency Act 1986 (“the Aci”).
Administrators' statement of proposals (2018-03-27) · Companies House register