# Entropy Environmental Limited (07816617)

> Why UK company 07816617 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/07816617

- **Status:** Administration ended
- **Administration began:** 2012-12-04
- **Administrators' firm:** MHA
- **Incorporated:** 2011-10-19
- **Location:** London
- **Industry:** 70100 Activities of head offices

## Why it went into administration

- Cash flow / liquidity pressure

## From the administrators' statement

The Company was incorporated on 19 October 2011 for the specific purpose of representing the interests of a group of investors in the acquisition of a substantial waste management business The Company has not traded as such and Its income has been entirely provided by the group of investors ("the Investors”)

The Company has engaged various professional advisers to undertake due diligence work in the target acquisition, with a view to acting as the acquisition vehicle Investment has been made by way of convertible loan notes, which allow the unsecured loans to be converted to share capital at a later date or on trigger events

Funds from the Investors have been provided in staged remittances, as and when required by the Company as professional advisers’ costs became payable

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/07816617/filing-history/MzA3MjYzNjE1OWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/07816617

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.