C R A T E Media Associates Limited (11937053): administration
- Status
- Administration ended
- Administration began
- 2022-05-25
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2019-04-10
- Location
- Birmingham
- Industry
- 73110 Advertising agencies
Why it went into administration
- HMRC / tax arrears
- COVID-19
From the administrators' statement
C RAT E Media Associates Ltd was incorporated on 10th Apri 2019 and began trading shortly thereafter. The current director of the Company is Damon Bullock who became Director on the 1 October 2021, after the resignation of Gabriel Ravenwood on 1 October 2021. Damon Bullock was originally working as an employee before fulfilling the role of Director.
The Company mainly operated as a media campaign agency provider which facilitated various advertising campaigns on platforms such as Facebook and Instagram. The Company was essentially 4 middleman that sat between a client and the providers who sold the space for advertising.
The funding for the business as a start-up was done so by the utilisation of same upfront payments from clients along with credit cards from the director. The advertising space and optimisation for Facebook for instance is paid on a daily basis, whereas client invoicing was done monthly.
Administrators' statement of proposals (2022-07-04) · Companies House register