Industria Media Limited (05710196): administration
- Status
- Administration ended
- Administration began
- 2011-08-26
- Administrators
- Norman Cowan, Andrew Brian Dix
- Administrators' firm
- LB Insolvency Solutions
- Formerly
- Industria Digital Media Limited
- Incorporated
- 2006-02-15
- Location
- Stevenage
- Industry
- 7487
Why it went into administration
- Creditor pressure / legal action
- Bad debts / customer insolvency
- Parent or group failure
From the administrators' statement
The Company commenced trading on 15th February 2006 and was financed by Industria Innavations AB, tn the same year the Company was sold to EG capital Investments EHF The Company's purpose was to work as consultants and turnkey system integrator in the Telecom market in UK
The initial trading was good, with the Company gaining consultancy work for a telecoms operator in ireland, during 2006 and 2007
In 2008, the Company agreed to build a fibre network in Wembley for Velocityl tn 2009 the Company started to work for 13 Group and more than 80% of the Company’s revenues came from that project thereafter
Administrators' statement of proposals (2011-11-01) · Companies House register