# WIN WIN Proptech Ltd (12034575)

> Why UK company 12034575 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/12034575

- **Status:** Administration ended
- **Administration began:** 2023-09-12
- **Administrators:** Ryan Michael Davies, Christopher Purkiss
- **Administrators' firm:** Moore Kingston Smith & Partners
- **Incorporated:** 2019-06-05
- **Location:** London
- **Industry:** 62090 Other information technology service activities

## Why it went into administration

- Creditor pressure / legal action
- Competition / price pressure
- Cash flow / liquidity pressure
- Loss of a key customer, supplier or contract

## From the administrators' statement

The Company was incorporated on 5 June 2019 to provide technology platform solutions to institutional residential landlords. Where these landlords were struggling to fully occupy their apartment inventory, the Company provided a “turn-key” solution for short term rentals at scale - its proprietary technology handled operational intricacies; communication with guests; and priceoptimisation through third party booking platforms to increase efficiencies and cost-effectiveness for landlord clients.

The Director brought 4 years’ of experience from running a similar business through WWL allowing him to assess demand for the product; evaluate its position in the market; and identify potential investors to support growth.

The Company’s platform provided a competitive advantage for clients and in just 2 months from launch, some clients reported a 60% increase in guest revenue with no other changes to their existing operations.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/12034575/filing-history/MzQwMDMwMTE5NGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/12034575

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