From the administrators' statement

Mathmic Limited is a holding Company based in Walthamstow, London, which was incorporated on 12 June 2014. The Company holds a majority shareholding in Decra Limited (“Decra’), a decorative joinery business specialising in the design, manufacture, delivery and installation of cubicles and washroom systems. The Company also owns fixed assets used in the Decra business and is owed a loan by Decra in relation to management charges and funding provided to Decra.

On 3 November 2017, the Company entered into a fixed and floating charge with McCallan over all the property and undertakings of the company. The charge secured a loan of £100,000 made to the

Company at the time of entering into the charge.

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Mathmic Limited (09084022)

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