Pixel Reality Limited (07243768): administration
- Status
- Administration ended
- Administration began
- 2018-12-04
- Administrators
- Mike Dillon, Andrew Poxon
- Administrators' firm
- Leonard Curtis
- Incorporated
- 2010-05-05
- Location
- Manchester
- Industry
- 62090 Other information technology service activities
Why it went into administration
- Sustained trading losses
- Property / lease costs
- HMRC / tax arrears
- Creditor pressure / legal action
- Brexit
- Competition / price pressure
- Weather / natural events
From the administrators' statement
The Company was incorporated on 05 May 2010 with James Mooney and Daniel Thomason as the Shareholders and James Mooney as Director of the Company.
The Company commenced to trade in February 2012, with the principal activity of the Company being to produce architectural related computer-generated images and animation. As existing directors of Render Nation Limited, James Mooney and Daniel Thomason had many years of experience in visualisation and had many contacts in the industry which aided the Company's early years of trading.
In September 2013 Andrew Deakin was employed as a consultant to provide Business Development support. Following his success in this role, on 11 November 2014 the Company appointed him as a Director of the Company. In May 2015 the Company issued Andrew Deakin with a share allocation equal to one-third of the Company.
Administrators' statement of proposals (2019-01-23) · Companies House register