Equidity Limited (08866030): administration
- Status
- Administration ended
- Administration began
- 2018-06-07
- Administrators' firm
- Leonard Curtis
- Incorporated
- 2014-01-29
- Location
- Bristol
- Industry
- 82990 Other business support service activities n.e.c.
Why it went into administration
- Creditor pressure / legal action
- HMRC / tax arrears
From the administrators' statement
The Company was incorporated on 29 January 2014 and after a period of dormancy commenced trading from serviced offices at WestPoint, 78 Queens Road, Clifton, Bristol, BS8 1QU.
In the opinion of the Director, Mr Steven English, the company itself did not start trading until November 2015 but in the preceding period some costs incurred in the establishment of the business were funded by a third party. However, the third party argued that the Company had in fact commenced trading before November 2015 and that the costs were in reality incurred by the Company and should be repaid. The dispute over these costs became protracted and was eventually resolved by the Court in the third party's favour. Judgment in favour of the third party litigant and in the sum of £104k plus costs was handed down in May 2018.
3.3
Administrators' statement of proposals (2018-07-24) · Companies House register