Radio Physics Solutions Ltd (06768053): administration
- Status
- Administration ended
- Administration began
- 2021-10-26
- Administrators
- Richard David Tonks, Nicola Joanne Meadows
- Administrators' firm
- Dains Business Recovery
- Incorporated
- 2008-12-08
- Location
- Derby
- Industry
- 26513 Manufacture of non-electronic measuring, testing etc. equipment, not for industrial process control
Why it went into administration
- Funding withdrawn / unable to refinance
- COVID-19
From the administrators' statement
Creditors should note that, unless otherwise stated, this section of my proposals has been prepared based on information provided to us by the directors of the Company and not from our personal knowledge as Joint Administrators.
Gary King, one of the company directors has provided the following statement of the company’s history:
“The company is a small security technology based company, based in Ely, Cambridgeshire, and prior to the CEO joining in January 2018, the company had been focused on its early generation concealed threat detection system, MIRTLE 30.
Administrators' statement of proposals (2021-12-14) · Companies House register