# Underpinned Ltd (11501632)

> Why UK company 11501632 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/11501632

- **Status:** Administration ended
- **Administration began:** 2023-08-24
- **Administrators:** Elizabeth Anne Welch, Matthew Ingram
- **Administrators' firm:** Kroll
- **Incorporated:** 2018-08-06
- **Location:** Birmingham
- **Industry:** 58190 Other publishing activities

## Why it went into administration

- Cash flow / liquidity pressure
- HMRC / tax arrears
- Sustained trading losses

## From the administrators' statement

• The Company was still in the initial stages of development and has been loss making since its incorporation.

• The Company has wholly been supported by its shareholders.

The Company required further funds/ investments from its shareholders to continue to trade.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/11501632/filing-history/MzM5NjYzNjczMWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/11501632

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