Global Immersion Limited (06222620): administration
- Status
- Administration ended
- Administration began
- 2012-12-10
- Administrators' firm
- FRP Advisory
- Incorporated
- 2007-04-23
- Location
- London
- Industry
- 26702 Manufacture of photographic and cinematographic equipment
Why it went into administration
- Cash flow / liquidity pressure
- Sustained trading losses
- Funding withdrawn / unable to refinance
From the administrators' statement
The Company was incorporated on 23 April 2007 and its business was that of sourcing, integrating and installing productised immersive theatre systems.
The business operated from leasehold premises in Haywards Heath, West Sussex. The Company employed seventeen full time staff, all working from the Hayward Heath premises.
The Company’s customers are located in various countries, including the United Kingdom, Europe, Russia and USA. It should be noted that business generated in the USA was mainly via the Company's 100% owned subsidiary called Global Immersion Inc.
Administrators' statement of proposals (2012-12-27) · Companies House register