Sportstribal Limited (11391416): administration
- Status
- Administration ended
- Administration began
- 2024-05-08
- Administrators
- Paul Steven Cooper, Paul Robert Appleton
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2018-05-31
- Location
- London
- Industry
- 59132 Video distribution activities
From the administrators' statement
We were approached by the Director and his accountant during the latter part of March 2024, and asked to provide advice in relation to the Company’s financial position and its’ ongoing trading.
We reviewed the latest management figures provided, together with the latest cash flow forecasts, contracts, and other critical documents, and it became clear that, whilst the Company’s business was showing signs of improvement, it was not producing the financial results required in order to move forward without further investment.
Additional investment had been sought, but the Director had been unable to secure the same, and with time running out before financial resources were exhausted, we provided initial advice.
Administrators' statement of proposals (2024-06-24) · Companies House register