# Mobi Market Limited (10160558)

> Why UK company 10160558 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/10160558

- **Status:** Administration ended
- **Administration began:** 2024-01-22
- **Administrators:** Jonathan David Bass, Freddy Khalastchi
- **Administrators' firm:** Menzies
- **Incorporated:** 2016-05-04
- **Location:** London
- **Industry:** 61900 Other telecommunications activities

## Why it went into administration

- COVID-19
- Supply chain disruption
- HMRC / tax arrears
- Brexit
- Cash flow / liquidity pressure
- Sustained trading losses

## From the administrators' statement

2.1 Creditors should note that, unless otherwise stated, this section of the proposals has been prepared based on information provided to me by the directors of the Company and not from my personal knowledge as Joint Administrator.

2.2 The Company was incorporated on 4 May 2016 by the former director Christopher Emechete, under the leadership team of Dean Ray and Dominic Lovegrove, both current directors. The Company began trading in October 2016. From 18 June 2019 onwards the Company traded from its current premises at Suite 1 and Suite 2, The Derby Turn Building, Derby Road, Burton-on-Trent, DE14 1RU.

2.3 Details of the Company's registered charges, together with dates of creation are given in Appendix I. 2.4 The Company’s principal activity was the re-sale of used mobile phones. The Company was initially

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/10160558/filing-history/MzQxNDk2MTE4NmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/10160558

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