GHMC Limited (07688425): administration
- Status
- Administration ended
- Administration began
- 2014-05-20
- Administrators' firm
- Kingston Smith & Partners
- Incorporated
- 2011-06-30
- Location
- London
- Industry
- 73110 Advertising agencies
Why it went into administration
- HMRC / tax arrears
- Cash flow / liquidity pressure
- Loss of a key customer, supplier or contract
From the administrators' statement
The Company was incorporated in June 2011 and commenced to trade immediately The Company was formed to purchase and carry on the business and assets of the marketing agency Geoff Howe and Associates Limited (Company Number 01351114) and its business is that of a marketing agency
The Company employed 10 people and provided influencer marketing solutions to clients in a variety of sectors including telecommunications, food production and to a nationwide fast food franchise
Since mid-2013 the Company had been under pressure to repay a large historic debt to HM Revenue & Customs (“HMRC”) and had needed to enter into a Time to Pay Agreement in respect of this
Administrators' statement of proposals (2014-07-11) · Companies House register