# Viral Effect Limited (07956563)

> Why UK company 07956563 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/07956563

- **Status:** In administration
- **Administration began:** 2024-01-25
- **Administrators:** Iain Townsend, Martyn James Pullin
- **Administrators' firm:** FRP Advisory
- **Incorporated:** 2012-02-20
- **Location:** Stockton-on-Tees
- **Industry:** 70229 Management consultancy activities other than financial management

## Why it went into administration

- HMRC / tax arrears
- COVID-19
- Creditor pressure / legal action

## From the administrators' statement

The Company was incorporated in February 2012 and operates as a digital marketing agency from leasehold premises in Middlesbrough. The Company director is James Pennington (the Director’) who also owns 50% of the share capital and is responsible for the day to day operations of its business. The remaining share capital is owned by Cresco CR Ltd (CCR). Mike Racz owns 100% of the issued share capital of CCR.

The Company predominantly provides its services to franchise businesses including Domino’s Pizza, Costa Coffee and Anytime Fitness.

Over the past 4 years, the Company has struggled to meet its commitments to HMRC, accumulating significant arrears on more than one occasion.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/07956563/filing-history/MzQxMTMyODk3MmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/07956563

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