Karfu
The business, the turning points, and the decisions behind them.
01 / WHAT IT BUILT
What the company did
Karfu developed a vehicle-comparison platform to help customers compare mobility options and their costs.
02 / Karfu FAILURE REASONS
Failure reasons
Karfu Limited (trading as Karfu, previously Project Automobility Limited), an impartial vehicle information and comparison website, entered creditors' voluntary liquidation on June 28, 2024. The company was small (about 4 employees) and had not filed accounts since the year ended December 2022. No public statement of the causes of the failure was made; the winding-up proceeded through joint liquidators without disclosed details.
03 / EVENT HISTORY
Events in the structured record
- Liquidation
KARFU LIMITED (12029292, trading as Karfu; formerly Project Automobility Limited) entered Creditors liquidation on 28 June 2024 with Quantuma joint liquidators appointed by members and creditors.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN
How the factors connect
- 01
On June 28, 2024 resolutions were passed placing Karfu Limited (company 12029292) into creditors' voluntary liquidation, with Simon James Bonney and James Varney of Quantuma Advisory appointed joint liquidators.
- 02
On November 22, 2024 the liquidators were changed to Dina Devalia and Paul Andrew Zalkin of Quantuma Advisory.
- 03
The company is due to be dissolved on October 3, 2026.
- 04
No public loss figure was disclosed for the liquidation.