Staxoweb Limited (08357284): administration
- Status
- Administration ended
- Administration began
- 2021-09-08
- Administrators
- Michael Stephen Elliot Solomons, Nimish Chandrakant Patel
- Administrators' firm
- Restructuring and BM Advisory
- Incorporated
- 2013-01-11
- Location
- Crawley
- Industry
- 62090 Other information technology service activities
Why it went into administration
- Creditor pressure / legal action
From the administrators' statement
The Joint Administrators have set out below a brief history of the Company and the events leading up to the Company being put into Administartion. The outline of the history given below is based on the limited documents available to the Joint Administrators.
Staxoweb Limited was incorporated on 11 January 2013 by its founding directors Mr Sean Kelly and Mr Peter Goring and traded as a Web/Digital Agency and providing IT services.
In April 2018, the Company obtained a loan facility of £140,000 from Fundsquire Limited to fund its working capital requirements. The loan was secured by a fixed charge over certain assets including R&D tax credits and a floating charge over remaining assets.
Administrators' statement of proposals (2021-11-08) · Companies House register