Conference Astute Limited (08039699): administration and why it failed

Conference Astute Limited (08039699): administration

Status: Administration ended
Administration began: 2022-11-17
Administrators' firm: FRP Advisory
Formerly: IEC Experience Limited
Incorporated: 2012-04-20
Location: Bristol
Industry: 56210 Event catering activities

Why it went into administration

Funding withdrawn / unable to refinance
COVID-19
Cash flow / liquidity pressure
HMRC / tax arrears
Property / lease costs
Creditor pressure / legal action
Sustained trading losses

From the administrators' statement

Group structure UBO - Derek Arthur Richardson

Trustees of Wasps Foctball

Moonstone Holdings Ltd Club

Administrators' statement of proposals (2022-12-05) · Companies House register

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Conference Astute Limited (08039699): administration

Why it went into administration

From the administrators' statement

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Conference Astute Limited (08039699)