Utility Point - Telecoms Limited (11307753): administration
- Status
- Administration ended
- Administration began
- 2022-05-04
- Administrators
- Alexander Kinninmonth, Steve Baluchi
- Administrators' firm
- FRP Advisory
- Incorporated
- 2018-04-12
- Location
- Southampton
- Industry
- 61900 Other telecommunications activities
Why it went into administration
- Competition / price pressure
From the administrators' statement
The Company was incorporated on 12 April 2018 and is based in Poole, Dorset.
There are currently 4 active directors: Mark Bryant, Ben Bolt, Simon Yarwood and Adam Sullivan.
Ben and Simon both hold 45% shareholdings in the Company, whilst Mark and Adam each hold a 5% shareholding.
Administrators' statement of proposals (2022-06-28) · Companies House register