Bofin Tech Limited (09758524): administration
- Status
- Administration ended
- Administration began
- 2020-06-16
- Administrators
- Geoffrey Paul Rowley, Jason Daniel Baker
- Administrators' firm
- FRP Advisory
- Formerly
- Bizfactor Limited
- Incorporated
- 2015-09-02
- Location
- London
- Industry
- 62020 Information technology consultancy activities
Why it went into administration
- Funding withdrawn / unable to refinance
- COVID-19
- Creditor pressure / legal action
- Sustained trading losses
From the administrators' statement
The Company (“BTL or the Company”) was incorporated on 2 September 2015, as an information technology consultancy service. The registered office of the Company was 154 Bishopsgate, London, United Kingdom, EC2M 4LN. The Company has 49 shareholders.
It was the sole shareholder of BTSL and BPSL. The Company owned 49% of BGL with Invest Aurum Limited, a separate entity, owning the balance. BTSL is the sole shareholder of Bizfactor, an Indian company. The Group Structure chart is shown
below (“the Group’): Bofin Tech Limited Invest Aurum Limited
Administrators' statement of proposals (2020-08-28) · Companies House register