# Iceotope Limited (05587049)

> Why UK company 05587049 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05587049

- **Status:** Administration ended
- **Administration began:** 2011-10-19
- **Administrators:** Robert Martin Rutherford, Jonathan Ronald Booth
- **Administrators' firm:** Leonard Curtis
- **Incorporated:** 2005-10-10
- **Location:** Liverpool
- **Industry:** 3002

## Why it went into administration

- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure

## From the administrators' statement

The business was incorporated on 10 October 2005 to deal with the continuation of the design and development of liquid-cooled solutions to computer servers. The Company rented two offices situated in the Innovation Centre, 217 Portobello, Sheffield, S1 4DP.

It was considered that the best market place for this technology was centred in America and consequently, the Shareholders, with assistance of the various charge holders, endeavoured to “flip” the registration of the Company to America In the final outcome this did not take place as the Company ran into cash flow difficulties

and various disputes between interested parties The company employed between 6 and 8 staff. 3.2 Lead up to Appointment of Administrators In order to protect the position and with the Company unable to obtain additional finance to cover on-going wages and overheads generally, Rising Stars Growth Fund

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05587049/filing-history/MzA0ODUwOTAzNmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05587049

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