Brick Live International Limited (10257756): administration
- Status
- Administration ended
- Administration began
- 2024-09-12
- Administrators
- Simon Jagger, Ben David Woodthorpe
- Administrators' firm
- ReSolve
- Formerly
- Brick Live Intl Limited
- Incorporated
- 2016-06-29
- Location
- London
- Industry
- 93290 Other amusement and recreation activities n.e.c.
Why it went into administration
- Creditor pressure / legal action
From the administrators' statement
In August 2024, ReSolve was introduced to LVCG by one of its directors and shareholders, Bryan Lawrie. Bryan Lawrie is known to ReSolve, and is a director of Realtime Finance Limited, a bookkeeping support company that has been used by ReSolve on a small number of formal insolvency engagements.
Following this initial introduction, ReSolve was engaged by LVCG to assess its financial position and consider a formal insolvency appointment. During this engagement a Winding Up Petition was presented against LVCG, therefore delaying progression of a formal process.
Whilst engaged in relation to LVCG, ReSolve was asked to consider the financial position of other companies in the Live Company group. It was determined that the Company was insolvent, and an engagement letter was issued on 3 September 2024 by ReSolve to assist the Company with placing it into Administration.
Administrators' statement of proposals (2024-11-09) · Companies House register