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Moblox Limited (12215173): administration

Status
Administration ended
Administration began
2023-04-24
Administrators
Gordon Thomson, Damian Webb
Administrators' firm
RSM
Incorporated
2019-09-19
Location
London
Industry
61200 Wireless telecommunications activities

Why it went into administration

From the administrators' statement

Relevant extracts from the Company’s management accounts are summarised below:

£000

Period ending FY21 FY22 10 months to Jan 23 Turnover 111.1 118.7 79.9 Cost of Sale (112.7) (122.3) (65.7) Gross Profit (1.6) (3.6) 14.2 Operating Expenses (1,071.2) (1,491.2) (1,023.2) Net loss (1,072.8) (1,494.8) (1,009.0)

Administrators' statement of proposals (2023-05-10) · Companies House register

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Moblox Limited (12215173)

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