# PTM Group Limited (09578009)

> Why UK company 09578009 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/09578009

- **Status:** Administration ended
- **Administration began:** 2017-10-05
- **Administrators:** Allan David Kelly, Lindsey J Cooper, Steven Phillip Ross
- **Administrators' firm:** RSM
- **Incorporated:** 2015-05-06
- **Location:** Gosforth
- **Industry:** 85590 Other education n.e.c.

## Why it went into administration

- HMRC / tax arrears
- Creditor pressure / legal action
- Sustained trading losses

## From the administrators' statement

Brief background The Company (“PTM’) was incorporated on 6 May 2015 and commenced trading on 1 November 2015 as a training provider as part of a group of companies.

Initial funding was secured from NEL in the region of £300k in December 2015, to assist with set up costs and establish sales teams etc.

PTM was the management company with the other group companies providing and completing contracts.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/09578009/filing-history/MzE5MjY0NjI0NWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/09578009

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