TMO Renewables Limited (04405622): administration
- Status
- Administration ended
- Administration began
- 2013-12-19
- Administrators' firm
- Kroll
- Formerly
- TMO Biotec Ltd
- Incorporated
- 2002-03-27
- Location
- London
- Industry
- 72190 Other research and experimental development on natural sciences and engineering
Why it went into administration
- Creditor pressure / legal action
- Cash flow / liquidity pressure
- HMRC / tax arrears
From the administrators' statement
Statutory information on the Company and a summary of ts financial history 1s included at Appendix 1
The Company was formed in 2002 to research and develop technology and organisms for the conversion of waste biomass into bioethanol
As a result of the Company's main activity being research and development, the Company did not produce any revenue and trading was financed through the issuing of share capital During its trading period, the Company has developed a proprietary Geobacillus organism which is patented It is believed that this process can be licenced on a commercial basis
Administrators' statement of proposals (2014-02-04) · Companies House register