Clear Factor Limited (11269195): administration
- Status
- Administration ended
- Administration began
- 2023-12-11
- Administrators
- Geoffrey Paul Rowley, Daniel Conway
- Administrators' firm
- FRP Advisory
- Incorporated
- 2018-03-22
- Location
- London
- Industry
- 62012 Business and domestic software development
Why it went into administration
- Funding withdrawn / unable to refinance
- Regulatory change or action
From the administrators' statement
Business and Operations
The Company was incorporated on 22 March 2018 by co-founders Sanjay Padhee, Ricky Shakar and Nick Carter. Nick Carter resigned as director of the Company later that year.
The Company was set up to operate as a digital invoice finance platform predominantly aimed at Micro SMEs and SMEs. Further, to provide invoice finance on “single” or “selective” invoices from as little as £100.
Administrators' statement of proposals (2023-12-21) · Companies House register