# Clear Factor Limited (11269195)

> Why UK company 11269195 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/11269195

- **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- Funding withdrawn / unable to refinance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.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/11269195/filing-history/MzQwNDc4NDgwMmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/11269195

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