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Tech City Ventures Ltd (08243304): administration

Status
Administration ended
Administration began
2017-11-10
Administrators
Alex David Cadwallader, Neil A Bennett
Administrators' firm
Leonard Curtis
Incorporated
2012-10-08
Location
London
Industry
58142 Publishing of consumer and business journals and periodicals

From the administrators' statement

A detailed history and background is contained at Appendix L and which was included in the SIP16 letter issued to all known creditors dated 17 November 2017.

Leonard Curtis were instructed by the Directors on 18 October 2017 to consider and assist them with preparing and negotiating an agreement to sell the business and certain assets of the Company, by way of a pre-packaged (“Pre-Pack’) sale.

A Notice of Appointment of Administrators was filed in the High Court by the Directors on 10 November 2017, and N A Bennett and A D Cadwallader of Leonard Curtis were appointed as Joint Administrators (“the Joint Administrators”) Immediately following their appointment, the Joint Administrators completed the Pre-Pack sale to Media Ventures International Limited (“MVI"), as detailed in the SIP16 letter.

Administrators' statement of proposals (2017-12-07) · Companies House register

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Tech City Ventures Ltd (08243304)

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