Streetbees.Com Limited (09177215): administration
- Status
- In administration
- Administration began
- 2025-08-26
- Administrators
- Anthony Simmons, David Paul Hudson
- Administrators' firm
- FRP Advisory
- Incorporated
- 2014-08-15
- Location
- London
- Industry
- 73200 Market research and public opinion polling
Why it went into administration
- Sustained trading losses
- Funding withdrawn / unable to refinance
- Creditor pressure / legal action
- Competition / price pressure
- Weak consumer demand
From the administrators' statement
The Company was incorporated on 15 August 2014 and commenced trading shortly thereafter as a technology driven consumer insights business. Its early focus was on delivering tailored research projects to clients in the fast-moving consumer goods (“FMCG”) sector, using a global network of users.
In 2020, Streetbees launched a subscription-based syndicated product ‘Streetbees GO’, that attracted several major international brands including Unilver, Coca-Cola, PepsiCo and Mars. Whilst this product generated recurring revenue, the service remained highly consultative and required significant overheads to deliver.
By 2023, the Company was facing growing financial pressure. The economic climate and cost of living crisis led to several clients cancelling or failing to renew their subscriptions. At the same time, there were changes to the senior leadership team, with the founders and other key executives exiting the business.
Administrators' statement of proposals (2025-10-16) · Companies House register