Matchbyte Limited (08803573): administration
- Status
- Administration ended
- Administration began
- 2019-03-08
- Administrators' firm
- Ken Touhey of Insolvency and Recovery
- Incorporated
- 2013-12-05
- Location
- Worthing
- Industry
- 62020 Information technology consultancy activities
Why it went into administration
- HMRC / tax arrears
- Rising costs / inflation
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Loss of a key customer, supplier or contract
- Sustained trading losses
From the administrators' statement
The statutory information in respect of the Company is attached at Appendix B, which we trust is selfexplanatory.
The Company was incorporated on 5 December 2013 and traded developing customisable, high quality, low cost airline software solutions. In particular, the Company provided low cost and start up airlines with technology, infrastructure and software which allowed the airlines to run and manage their internet or mobile flight booking systems and other customer facing aspects of their web or mobile presence.
The Company was part of an international group (known as the Matchbyte Group) and the group’s main administrative headquarters were based in Melbourne, Australia. The group’s European, Middle East and Africa contracts were handled by the Company. The Company also provided technology, resources and support to airline customers who were contracted with the overseas related companies, as required.
Administrators' statement of proposals (2019-05-23) · Companies House register