Kompli-Global Limited (10247723): administration
- Status
- Administration ended
- Administration began
- 2022-11-07
- Administrators' firm
- Begbies Traynor
- Formerly
- Kompli Limited
- Incorporated
- 2016-06-23
- Location
- York
- Industry
- 63990 Other information service activities n.e.c.
Why it went into administration
- Funding withdrawn / unable to refinance
- Regulatory change or action
From the administrators' statement
The Company was incorporated on 23 June 2016 and was the special purpose vehicle utilised to develop specialist corporate due diligence software focussing on the financial regulatory technology sector.
The development of the software was funded by the Company's holding company, Kompli Holdings plc (“Holdings”). Rationale for Administrators’ Appointment
Holdings sought external investment from a third-party funder, who sought security (a debenture incorporating fixed and floating charges) in respect of the lending made into Holdings.
Administrators' statement of proposals (2023-01-06) · Companies House register