Wejo Limited (08813730): administration
- Status
- In administration
- Administration began
- 2023-07-10
- Administrators
- Andrew Poxon, Hilary Pascoe
- Administrators' firm
- Leonard Curtis
- Incorporated
- 2013-12-13
- Location
- Salford
- Industry
- 62090 Other information technology service activities
Why it went into administration
- Competition / price pressure
- Cash flow / liquidity pressure
- Property / lease costs
From the administrators' statement
The Company was incorporated on 13 December 2013. The Company’s registered office and trading address was leasehold premises at ABC Building, 21-23 Quay Street, Manchester M3 4AE.
The Company Directors are John Maxwell and Richard Barlow and the Company Secretary is Mina Bhama.
On 21 May 2021 the Company, Wejo Limited, incorporated Wejo Group Limited as a wholly owned subsidiary under the laws of Bermuda for the purpose of effectuating the Business Combination and becoming the parent company of the combined business following the consummation of the Business Combination with Virtuoso Acquisition Corp.
Administrators' statement of proposals (2023-09-12) · Companies House register