Aktis Strategy Limited (08327972): administration
- Status
- Administration ended
- Administration began
- 2019-03-14
- Administrators
- Lee Antony Manning, Ben David Woodthorpe
- Administrators' firm
- ReSolve
- Incorporated
- 2012-12-12
- Location
- London
- Industry
- 74909 Other professional, scientific and technical activities n.e.c.
Why it went into administration
- Cash flow / liquidity pressure
- Management failings / irregularities
- Loss of a key customer, supplier or contract
From the administrators' statement
The Company was incorporated in December 2012 and began trading from a base in the UK to run various projects around the globe as a development and security consultancy firm.
The Company grew rapidly as a trusted provider of high-quality technical expertise for its clients, focusing on security and stability programming in fragile and conflict-affected states The Company's clients include the UK Foreign & Commonwealth Office, UK Home Office, UK Department for International Development, Dutch MFA, Danish MFA, United Nations Development Programme, European Union and US State Department. In 2018 there was approximately 79 employees of the Company and 70 staff employed by associated entities/branches.
During the first four years of trading to December 2016, the Company’s accounts appeared to show a sustained growth in revenue, whilst maintaining a positive net profit margin and cashflows. This allowed the Company to re-invest its profits in building the core business.
Administrators' statement of proposals (2019-05-09) · Companies House register