# Technology Will Save US Limited (07661485)

> Why UK company 07661485 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/07661485

- **Status:** Administration ended
- **Administration began:** 2021-03-17
- **Administrators:** Philip Lewis Armstrong, Philip James Watkins
- **Administrators' firm:** FRP Advisory
- **Incorporated:** 2011-06-08
- **Location:** London
- **Industry:** 47650 Retail sale of games and toys in specialised stores

## Why it went into administration

- Cash flow / liquidity pressure
- COVID-19
- Sustained trading losses

## From the administrators' statement

The Company (“TWSU”) was incorporated by the directors on 8 June 2011 and began trading in 2012. The Company operates in east London and has a small satellite subsidiary based in New York to deal with US sales. ,

TWSU provides a play led, digital home learning system that supports learning through childhood. The business offers a digital platform, a range of physical toys and a subscription model, with its target audience being 4-12 year olds.

The main objective of the Company’s products is to introduce children to STEAM (science, technology, engineering, arts and maths) skills using games and toys while encouraging lifetime learning.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/07661485/filing-history/MzI5NjY5NjAyMWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/07661485

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.