Smart Matrix Limited (07608175): administration
- Status
- Administration ended
- Administration began
- 2021-12-16
- Administrators' firm
- Cork Gully
- Incorporated
- 2011-04-18
- Location
- London
- Industry
- 72110 Research and experimental development on biotechnology
Why it went into administration
- Funding withdrawn / unable to refinance
- Regulatory change or action
From the administrators' statement
Creditors should note that, unless otherwise stated, this section of the proposals has been prepared based on information provided by the directors and from the books and records of the Company, as opposed to the personal knowledge of the Joint Administrators.
Incorporated on 18 April 2011, the Company undertook research and experimental biomedical research. The work undertaken by the Company is chiefly aimed to provide assistance in wound recovery through harnessing the body’s natural healing processes and thus mitigating against the use of skin grafts.
As at the date of Administration, the Company had three employees {including two of the directors) and four directors (three of which held Non-Executive Director positions). The Company’s registered address was 3'4 Floor, 207 Regent Street, London, W1B 3HH and, had a license to occupy a room at a research facility at The Griffin Institute, Northwick Park & St Mark’s Hospital, Y Block, Watford Road, Harrow, HA1 3UJ. The Company has approximately 60 shareholders and total called up share capital of approximately £10.5m.
Administrators' statement of proposals (2022-02-15) · Companies House register