Bitcoin Global Capital Limited (09930781): administration
- Status
- Administration ended
- Administration began
- 2018-06-06
- Administrators
- Paul David Allen
- Administrators' firm
- FRP Advisory
- Formerly
- Blockefeller Capital Limited; Bitcoin Global Capital Ltd
- Incorporated
- 2015-12-29
- Location
- High Wycombe
- Industry
- 64999 Financial intermediation not elsewhere classified
Why it went into administration
- Parent or group failure
- Creditor pressure / legal action
From the administrators' statement
The Company was incorporated on 29 December 2015 by Cameron Bath to provide the services of buying and selling cryptocurrencies. The Company is a subsidiary of Blockchain Group Limited (In Administration), which is 100% shareholder of the Company.
Aside from the Company, Blockchain Group Limited (In Administration) has three non-trading UK subsidiaries, namely Wealth Anyway Limited, Blockchain Holdings Limited and Blockefeller Limited. There is also a South Africian subsidiary, BGC SA (Pty) Limited.
Shortly after incorporation, Tim Horlick was appointed as a Director. Both Cameron Bath and Tim Horlick believed that the Company had a viable business plan and initially appeared to trade successfully.
Administrators' statement of proposals (2018-08-21) · Companies House register