# Centili Limited (07911314)

> Why UK company 07911314 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/07911314

- **Status:** Administration ended
- **Administration began:** 2024-07-30
- **Incorporated:** 2012-01-16
- **Location:** Slough
- **Industry:** 82990 Other business support service activities n.e.c.

## Why it went into administration

- Sustained trading losses

## From the administrators' statement

The Company was established in 2012 and operates in the IT industry developing as a global digital monetisation company. The Company provides PaaS software to support mobile payment solutions.

The Company has a wholly owned subsidiary in Serbia but it is understood that this company is presently dormant.

The Company is currently insolvent within the meaning in section 123 of the Act and is shortly expected to go into administration. The directors of the Company have been advised by the Administrators and their firm, Oury Clark, in respect of the various options that might be available to the Company with a view to seeking the best possible outcome for the Company and its creditors.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/07911314/filing-history/MzQzNjUxODY0MWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/07911314

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