Cycell Limited (05831748): administration
- Status
- Administration ended
- Administration began
- 2013-12-12
- Administrators' firm
- Piran Partners
- Incorporated
- 2006-05-30
- Location
- Chatham
- Industry
- 61900 Other telecommunications activities
Why it went into administration
- Loss of a key customer, supplier or contract
- Supply chain disruption
- Funding withdrawn / unable to refinance
From the administrators' statement
The company was incorporated on 30 May 2006 and provided personalised mobile phones to customers via a cloud connection directly to a network of only friends and family The company identified a target market for this type of phone being young children prior to being provided with a smart phone or the elderly or infirm who do not find using modern smart phones user friendly
The company employed 7 full time staff along with two management directors from a leased office space in North London
Initial Introduction
Administrators' statement of proposals (2014-01-30) · Companies House register