Vidiactive Limited (05063709): administration
- Status
- Administration ended
- Administration began
- 2012-02-03
- Administrators
- Paul Stanley, Jason Dean Greenhalgh
- Administrators' firm
- Begbies Traynor
- Formerly
- Ncapsa Limited
- Incorporated
- 2004-03-04
- Location
- Manchester
- Industry
- 7260
Why it went into administration
- Loss of key people
From the administrators' statement
The following Company History has been provided by director, Ben Hookway
Vidiactive Limited, “Vidiactive” was intially founded under the name nCapsa Ltd on 4 March 2004 to take advantage of opportunities in the Electronic Programme Guide (EPG) market The company secured Venture Capital (VC) Investment from EV Group VC provides financial capital to early-stage, high-potential, high nsk, growth start-up companies
In 2006, the nCapsa Ltd granted a floating charge debenture to Lloyds TSB Bank Plc who made loans to assist in the development of the product
Administrators' statement of proposals (2012-03-27) · Companies House register