# Karakuri Ltd (11228129)

> Why UK company 11228129 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/11228129

- **Status:** Administration ended
- **Administration began:** 2023-07-28
- **Administrators' firm:** RSM
- **Formerly:** WWH Holdings Ltd
- **Incorporated:** 2018-02-27
- **Location:** London
- **Industry:** 62012 Business and domestic software development

## Why it went into administration

- Creditor pressure / legal action
- Property / lease costs
- Sustained trading losses
- Rising interest rates

## From the administrators' statement

The Company was incorporated in February 2018 and has operated as a sole entity under the trading name Karakuri. The Company has no registered charges against it.

Since incorporation, the ownership of the Company changed following various investments made by third parties in exchange for equity stakes and convertible loan notes (CLN).

As a result, the current ownership is as follows:

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/11228129/filing-history/MzM4ODY5ODU2M2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/11228129

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