Ziglu Limited (09204810): administration
- Status
- In administration
- Administration began
- 2025-07-07
- Administrators
- Damian Webb, David Frederick Shambrook
- Administrators' firm
- RSM
- Formerly
- Livecon Services Limited
- Incorporated
- 2014-09-05
- Location
- London
- Industry
- 62012 Business and domestic software development
Why it went into administration
- Regulatory change or action
- Cash flow / liquidity pressure
- Sustained trading losses
- Over-expansion / investment not recovered
From the administrators' statement
The Company was incorporated on 5 September 2014 under company number 09204810. It is authorised and regulated by the FCA as an EMI under the EMRs. The Company’s principal business model involved the issuance of electronic money and the provision of payment services to retail and business customers, including the operation of digital wallets and cryptoasset exchange services.
The FCA register records that the Company is permitted to conduct activities falling into the following categories in relation to payment services and E-money and Crypto Assets:
• Services enabling cash placement on a payment account;
Administrators' statement of proposals (2025-09-02) · Companies House register