Oxis Energy Limited (04003357): administration
- Status
- Administration ended
- Administration began
- 2021-05-19
- Administrators' firm
- BDO
- Formerly
- Intellikraft Limited
- Incorporated
- 2000-05-26
- Location
- Liverpool
- Industry
- 72190 Other research and experimental development on natural sciences and engineering
Why it went into administration
- COVID-19
From the administrators' statement
The Company was incorporated on 26 May 2000 as Intellikraft Limited, changing name to OXIS Energy Limited in July 2005 and focusing on the research and development of Lithium Sulfur battery chemistry technology.
From 2005 to 2020 the Company raised c.£55.8m through various equity investments to fund the research and development of its core Lithium Sulfur technology. At the commencement of 2020 the Company employed c.76 staff and operated from three UK based leasehold facilities, being:
• Head Office and primary Research and Development Facility - Culham Science Centre, Abingdon, Oxfordshire (‘R&D Facility’)
Administrators' statement of proposals (2021-07-27) · Companies House register