# Pro-Xpress Limited (08075123)

> Why UK company 08075123 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/08075123

- **Status:** Administration ended
- **Administration began:** 2015-03-16
- **Administrators:** Jonathan James Beard, John Walters
- **Administrators' firm:** Begbies Traynor
- **Incorporated:** 2012-05-18
- **Location:** Brighton
- **Industry:** 62030 Computer facilities management activities

## Why it went into administration

- Funding withdrawn / unable to refinance
- Competition / price pressure

## From the administrators' statement

The Company was established in 2012 by former directors Max Robinson and Hugh Boyle and current directors Donald McDonald and the two companies Kommunikasjonshuset Holding AS (“KHA”) and Hamilton Portfoho Limited

The Company was set up to licence the use of software from a Norwegian company associated with KHA, this software allowed the Company to run reverse auctions for printing contracts which was the principal activity of the Company

The Company’s financial statements for the year ended 30 September 2013 show a loss of £421,555, which ulttmately resulted in the Company suffering significant cash-flow issues and therefore struggling to make payments to its creditors as they fell due

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/08075123/filing-history/MzEyMzIwNTM2MGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/08075123

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