# Cambridge Visual Networks Limited (06200773)

> Why UK company 06200773 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/06200773

- **Status:** Administration ended
- **Administration began:** 2012-01-31
- **Administrators' firm:** Cork Gully
- **Incorporated:** 2007-04-03
- **Location:** London
- **Industry:** 7222

## Why it went into administration

- Loss of a key customer, supplier or contract
- Competition / price pressure

## From the administrators' statement

The Company was established in 2006 by Dr Quentin Stafford-Fraser and Dr Michael Dales with the aim of showing live and compelling content on displays remotely, dispensing with the need of complicated inhouse media networks

it was initially funded through a contnbution to equity and loans from the directors in the sum of £15,000

The business model was based on constructing a digital signage medium whereby hardware units would be sold to chents which connect the clients’ visual display screens to the web based software product known as CODA Customers would pay monthly or annua! subscriptions for the use of the CODA management software, hosted within the digital cloud, in order to manage the visuals on their own network of screens at any one time

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/06200773/filing-history/MzA1NTQxNDgwMGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/06200773

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