Blockchain Group Limited (10775821): administration
- Status
- Administration ended
- Administration began
- 2018-02-09
- Administrators
- Paul David Allen, Paul M Davis
- Administrators' firm
- MHA
- Formerly
- Blockefeller Group Limited; Blockchain Group Limited
- Incorporated
- 2017-05-17
- Location
- London
- Industry
- 62090 Other information technology service activities
Why it went into administration
- Creditor pressure / legal action
From the administrators' statement
The Company was incorporated on 17 May 2017 by Cameron Bath and Timothy Horlick and acted as an intermediary Company providing services of buying and selling of cryptocurrencies via subsidiaries. Both Mr Bath and Mr Horlick were appointed directors upon incorporation of the Company.
The directors believed that the Company had a viable business plan and initially appeared to trade successfully via its subsidiaries. The Company has a subsidiary namely Bitcoin Global Capital Limited, it also has three non-trading UK subsidiaries, namely Wealth Anyway Limited, Blackchain Holdings Limited and Blockefeller Limited. The Company has a South African subsidiary, BGC SA (Pty) Limited.
On6 February 2018, Sylvester Amiel Lewin & Horne LLP presented a winding-up petition against Bitcoin Global Capital Limited on behalf of six creditors.
Administrators' statement of proposals (2018-04-19) · Companies House register