# Acoustic Technology U.K. Ltd (07863670)

> Why UK company 07863670 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/07863670

- **Status:** Administration ended
- **Administration began:** 2013-04-11
- **Administrators:** Andrew James Nichols, John William Butler
- **Administrators' firm:** Metis Partners and Gilbert Baitson
- **Incorporated:** 2011-11-29
- **Location:** Driffield
- **Industry:** 27900 Manufacture of other electrical equipment

## Why it went into administration

- Creditor pressure / legal action
- Property / lease costs

## From the administrators' statement

The company operated as a manufacturer of musical amplification equipment It had approximately 10 employees including the Company director

The Company commenced trading in 2012 having obtained funding from Finance Yorkshire and The Acorn Fund, Hull Finance Yorkshire had advanced approximately £150,000 and The Acorn Fund had advanced approximately £25,000. As a condition of their funding, Finance Yorkshire had appointed a director to sit on the board of directors.

They also introduced a finance controller to assist with the Company’s book keeping

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/07863670/filing-history/MzA3OTcxMTQwNGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/07863670

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