Wildfire Media Ltd (13977768): administration
- Status
- Administration ended
- Administration began
- 2022-10-24
- Administrators
- Andrew Howard Beckingham, Siann Huntley
- Administrators' firm
- Leonard Curtis
- Incorporated
- 2022-03-15
- Location
- Bristol
- Industry
- 58142 Publishing of consumer and business journals and periodicals
Why it went into administration
- Cash flow / liquidity pressure
From the administrators' statement
The Company was incorporated on 15 March 2022 as a vehicle to purchase the tangible and intangible assets of the legally unconnected company Wildfire Comms Limited following the appointment of Andrew Beckingham and Siann Huntley as Joint Administrators of this company on 24 February 2022.
The Company operated as a mixed media publishing specialising in the production of digital content and print platforms, primarily for the education sector. The Company was based in Bristol but largely operated remotely producing several market-leading print and online publications, having acquired a reliable client base from the previous company.
Unfortunately, however, the Company had difficulties in recruiting and retaining suitable sales staff which led to a reduced level of income being generated and consequently resulted in the Company experiencing cash flow issues and the accrual of VAT debt.
Administrators' statement of proposals (2022-12-06) · Companies House register