From the administrators' statement

Following increased creditor pressure from HM Revenue & Customs, Quantuma Advisory Limited were first approached by the Company on 8 June 2023 and subsequently formally instructed, via an engagement letter on 20 June 2023 to assist with the Administration process. A Notice of Appointment of an Administrator was filed at Court on 29 June 2023.

No Moratorium under Part A1 of the Act has been in force for the Company at any time within the period of 2 years ending with the day on which it entered Administration.

Attached at Appendix III is an account of the work undertaken prior to the Joint Administrators’ appointment and the costs associated with that work.

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