Eyeconomy Limited (02694331): administration
- Status
- Administration ended
- Administration began
- 2012-12-14
- Administrators
- Gareth Wyn Roberts, Robert Christopher Keyes
- Administrators' firm
- KRE Corporate Recovery
- Formerly
- New Media Communications Limited
- Incorporated
- 1992-03-05
- Location
- Reading
- Industry
- 73110 Advertising agencies
Why it went into administration
- Funding withdrawn / unable to refinance
- Sustained trading losses
From the administrators' statement
Eyeconomy Limited “Eyeconomy” was incorporated in 1992 and Is a wholly owned subsidiary of Media Corporation PLC “Media Corp”
The company was widely acknowledged as a market leader in the field of on line advertising As well as providing this service to a number of key publishers, (on a exclusivity basis) and other blue chip chents, Eyeconomy had its own publishing platforms
The company traded from central London and employed 10 members of staff
Administrators' statement of proposals (2013-02-04) · Companies House register