# Bofin Tech Limited (09758524)

> Why UK company 09758524 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/09758524

- **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- Funding withdrawn / unable to refinance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

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/09758524/filing-history/MzI3NTkyOTI3N2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/09758524

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