# Smart USE Limited (05777060)

> Why UK company 05777060 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05777060

- **Status:** Administration ended
- **Administration began:** 2012-12-21
- **Administrators' firm:** RSM
- **Incorporated:** 2006-04-11
- **Location:** Eastleigh
- **Industry:** 62090 Other information technology service activities

## Why it went into administration

- Supply chain disruption

## From the administrators' statement

The Company was incorporated on 11 April 2006 and was set up to develop an Automated Materials Management System with health care inventory issues at the forefront The software they have developed is designed to assist with supply chain solutions, reduce wastage and control inventories

The Company has made substantial losses throughout its trading history, but has been supported through the investment of its shareholders A summary of the Company’s recent trading performance is shown below, although it should be noted that the management accounts have not been verified for accuracy and therefore may not reflect the Company’s true trading position

Mgmt Accounts Mgmt Accounts Statutory Accounts

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05777060/filing-history/MzA3MTQ2MjE0NmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05777060

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