Thursday, 10 January 2019
Socapps Limited is a cautionary tale on how long a company can limp on before closure without filing accounts
Socapps sits on the CH files much like a derelict empty plot sits in a town - just waiting for someone to do something, anything, with it. It hasnt filed accounts since YE February 2015. It raised £77k on Crowdcube in 2014.
We have written about them before - here
The App is now owned by Cornish Media Industries, which appears to have no connection to Socapps Ltd. Although there is some connection between the directors.
Why the company has not been closed down is a mystery. The first First Gazette was posted in May17, suspended and discontinued and then re issued August 2017 and then suspended again. Still no accounts since February 2015 - almost 4 years ago.
Of course this company is currently, quite legitimately, still on Crowdcube's active list. Does that make any sense to anyone? We can confirm this is not the only company funded via Crowdcube that is in this type of situation.