# Trilogy IT Limited (07850434)

> Why UK company 07850434 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/07850434

- **Status:** Administration ended
- **Administration began:** 2015-01-09
- **Administrators:** Philip Lewis Armstrong, Jason Daniel Baker
- **Administrators' firm:** FRP Advisory
- **Incorporated:** 2011-11-16
- **Location:** London
- **Industry:** 62020 Information technology consultancy activities

## Why it went into administration

- Creditor pressure / legal action
- Competition / price pressure
- Funding withdrawn / unable to refinance
- Sustained trading losses

## From the administrators' statement

Trilogy IT Limited (“Trilogy”) was incorporated in 2011 and was a provider of IT support services to a range of industries predominantly in the smaller company market The Company operated from serviced offices in London and employed c 10 people either directly or on a subcontractor basis

In terms of key personnel, Phil McLeod was the Company's sole Director and 100% shareholder. The Director has a second unrelated company named Rabbit & Pork Limited (“R&P”) which was ultimately used to purchase the business and assets of Trilogy IT Limited (see below)

The Company was both cash flow and balance sheet insolvent Management accounts for the 8 months to 30 November showed the Company made a loss of £310k on turnover of £715k The balance sheet showed net liabilities of £234k including net current liabilities of £175k

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/07850434/filing-history/MzExNjE1MDgzNGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/07850434

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