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Gost Ltd (08488742): administration

Status
In administration
Administration began
2025-07-29
Administrators
Charles Hamilton Turner, Bradley Parrott
Administrators' firm
Opus Restructuring
Incorporated
2013-04-15
Location
Milton Keynes
Industry
46190 Agents involved in the sale of a variety of goods

Why it went into administration

From the administrators' statement

On 16 July 2025, Bizcap wrote to the Company formally requesting payment of their outstanding debt with a deadline of 48 hours in the form of a Demand Letter, due to the non-payment of the loan under the terms of the loan agreement. Bizcap were also not receiving any cooperation or commmunication from the Director in response to their correspondence and efforts to resolve the repayment issues.

The Demand Letter was not responded to and therefore, Bizcap discussed their position and potential options with Opus Restructuring LLP on 18 July 2025 following the lapse of the 48 hour deadline for payment from the Company.

Bizcap confirmed their desire and intentions to appoint an Administrator under their Qualifying Floating Charge.

Administrators' statement of proposals (2025-09-22) · Companies House register

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Gost Ltd (08488742)

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