C S I P Limited (01771026): administration
- Status
- Administration ended
- Administration began
- 2012-12-05
- Administrators' firm
- Mazars
- Incorporated
- 1983-11-18
- Location
- Poole
- Industry
- 84220 Defence activities
Why it went into administration
- Sustained trading losses
- Competition / price pressure
From the administrators' statement
The company was incorporated on 18 November 1983 and had nine employees based in leased premises in Weymouth
The company designs and manufactures remote controlled systems for hostile environments and mainly supplies items to the defence industry
The company developed an electric manipulator arm and Is currently the only supplier of these around the world, although the directors are aware that a competitor was about to launch a rival product
Administrators' statement of proposals (2013-01-31) · Companies House register