Freedman Seats Ltd (07682749): administration
- Status
- Administration ended
- Administration began
- 2015-06-16
- Incorporated
- 2011-06-27
- Location
- Leeds
- Industry
- 72190 Other research and experimental development on natural sciences and engineering
From the administrators' statement
Freedman Seats Limited (“FS”) was originally incorporated in June 2011 to operate as the vehtcle to register the patents and other intellectual property rights of the Freedman Chair Simon Freedman, a qualified and practicing Osteopath, developed over a period of 15 years, an office chair designed to both alleviate and prevent the pain associated with prolonged periods of sitting
Shortly after incorporation in June 2011, the patent applications were registered for the Freedman Seat The continued development of the seat was then carried out by The Miracle Chair Company Ltd (“MCC”) and ultmately in 2014 an Irrecoverable Technology Licence Agreement was entered into between FS and MCC together with various funders through which MCC was licenced to utilise the Intellectual Property Rights of FS and to market and sell the seat
A number of issues arose for FS from the trading of MCC During 2013 and 2014 funding had been raised through private investment from Hugh Briggs, Emma Freedman and Simon Freedman Addittonally, further funds were raised through a Kickstarter Scheme and finally through Venture Founders Ultimately, Hugh Briggs
Administrators' statement of proposals (2015-09-15) · Companies House register