# Digital Vision Systems Limited (03939124)

> Why UK company 03939124 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/03939124

- **Status:** Administration ended
- **Administration began:** 2018-08-30
- **Administrators:** Paul Robert Appleton, Stephen Mark Katz
- **Administrators' firm:** Williams & Partners
- **Formerly:** Nucoda Limited; Nucoda Research Limited; Nucoda Limited; Pointer Solutions Limited
- **Incorporated:** 2000-03-03
- **Location:** London
- **Industry:** 62012 Business and domestic software development

## Why it went into administration

- Sustained trading losses
- Cash flow / liquidity pressure
- HMRC / tax arrears
- Bad debts / customer insolvency
- Creditor pressure / legal action
- Brexit

## From the administrators' statement

The Company was incorporated on 3 March 2000 and its principal activity was that of digital video colour grading, post-production and restoration. The Company occupied leasehold premises at 110 Wapping High St, St Katharine's & Wapping, London, E1W 2NE under an

informal license.

Extracts from the Company’s Financial Statements are as detailed below:

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/03939124/filing-history/MzIxODg5ODA0OWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/03939124

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.