# Connect Costs Ltd (08941294)

> Why UK company 08941294 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/08941294

- **Status:** Administration ended
- **Administration began:** 2021-11-02
- **Administrators:** James Saunders, Robert Armstrong, Michael Lennon
- **Administrators' firm:** Kroll
- **Incorporated:** 2014-03-17
- **Location:** London
- **Industry:** 69109 Activities of patent and copyright agents; other legal activities n.e.c.

## Why it went into administration

- Creditor pressure / legal action
- Parent or group failure
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- HMRC / tax arrears

## From the administrators' statement

• The Secured Creditors made an application to the High Court seeking an Administration of the Companies following formal demand for the repayment of outstanding liabilities of c.£6.4m which remain unpaid.

• On2 November 2021, the Company was placed into Administration by order of the High Court

of Justice Business & Property Courts in Leeds Insolvency & Companies List (ChD), under reference 519 of 2021.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/08941294/filing-history/MzMyMDIyMjQ5M2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/08941294

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.