Onqor Group Investments Holdings Ltd (15459758): administration and why it failed

Onqor Group Investments Holdings Ltd (15459758): administration

Status: In administration
Administration began: 2025-05-14
Administrators: Stuart Philip Kelly, Clare Harsley
Administrators' firm: Partners
Incorporated: 2024-02-01
Location: Prescot
Industry: 62012 Business and domestic software development

Why it went into administration

Creditor pressure / legal action
Parent or group failure

From the administrators' statement

3.1

3.2

On 28 August 2024, the subsidiary company, MAXX Design Limited (“MAXX”), obtained a secured loan from Bizcap. The Company was a corporate guarantor for the loan. Due to MAXX defaulting on the loan and failing to adhere to further agreed payment plans, it was placed into Administration on 5 March 2025 with Stuart Kelly and Claire Harsley being appointed as Joint Administrators.

Administrators' statement of proposals (2025-07-10) · Companies House register

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