Festicket board ‘to file for administration’
Companies House documents state the firm's moratorium was "no longer likely to result in the rescue of the company as a going concern"
News By James Hanley | 7 September 2022
Festicket appears to be on the verge of administration after a moratorium filed by the festival discovery and booking platform came to an end.
The moratorium, which gives struggling businesses breathing space to explore rescue and restructuring options, free from creditor action, commenced on 17 August and was due to run until 15 September.
However, it was brought to an end on 30 August, according to Companies House documents, which state the moratorium was “no longer likely to result in the rescue…
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