Sphere BIO Limited (07167872): administration
- Status
- In administration
- Administration began
- 2025-08-07
- Administrators
- Guy Robert Thomas Hollander, Patrick Alexander Lannagan
- Administrators' firm
- Mazars
- Formerly
- Sphere Fluidics Limited; Sphere Fludics Limited; Friars 2013 Limited
- Incorporated
- 2010-02-24
- Location
- London
- Industry
- 72190 Other research and experimental development on natural sciences and engineering
Why it went into administration
- Loss of a key customer, supplier or contract
From the administrators' statement
The Company was incorporated in 2010 and provides cutting-edge solutions for functional analysis of live single cells, streamlining the discovery and isolation of high-value cells.
The Company owns the market-leading “picodroplet” technology which allows for precise single-cell encapsulation and analysis, accelerating R&D programs in biologics and cellular therapies.
The Company was initially financed through seed funding from The Cambridge University Discovery Fund. Following equity investment of over £40 million since inception and a portfolio of 135 international patents, the Company was poised for fast growth and scaled its global operations (and cost base) rapidly. However, revenue growth had taken longer to materialise
Administrators' statement of proposals (2025-09-17) · Companies House register